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dangote

Dangote, Fuel Marketers in Fierce Face-Off Over Alleged ₦1.5 Trillion Subsidy

The dispute between Dangote Petroleum Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) deepened on Thursday as the refinery issued a strongly-worded statement accusing marketers of waging an “economic sabotage” campaign to derail Nigeria’s drive for energy self-sufficiency.

September 18, 2025

Business·Top Stories

Over N202bn Wiped Off From Nigerian Stock Market

Decline in shares of Dangote Cement, Regal Insurance, and others wiped off N202.15 billion from the equity capitalisation of the Nigerian stock market. The market capitalisation declined from N66.66 trillion to N66.46 trillion Also, the all-share index (ASI) depreciated by 321.65 basis

April 25, 2025

Dangote Cement’s $280m Investments CNG Infrastructure Boosts Nigeria’s Energy Transition Efforts

Business·News

Dangote Cement’s $280m Investment In CNG Boosts Nigeria’s Energy Transition Efforts

Dangote Cement Plc has said its investment in Compressed Natural Gas (CNG) infrastructure has boosted Nigeria’s transition to use of cleaner fuel. The company announced that it has made significant investments worth over $280 million in CNG technology and infrastructure. The company

October 28, 2024

Nigeria’s Energy Crisis: A Fuel Hike Or A Broken System?

Business·News·Oil & Gas

Petrol Price Delay Sparks Concern Among Marketers As Import Costs Rise

Marketers Concerned Over Petrol Price Delay Oil marketers in Nigeria are growing anxious about the delay in announcing the price of Premium Motor Spirit (PMS), commonly known as petrol, produced by the Dangote Petroleum Refinery. With the current landing cost of imported

September 10, 2024

Business·News

Adopt Concrete Road Construction Over Asphalt- Dangote Urges Nigerian Govt

Aliko Dangote, President of Dangote Industries Limited, has called on the Federal Government to replace asphalt roads with concrete roads, emphasizing their durability and cost-effectiveness. Speaking at the commissioning of the Apapa-Oworonshoki road by President Bola Tinubu, Dangote highlighted the benefits of

May 27, 2024

Naira To Strengthen Further As Dangote Industries Repatriates $688m From African Operations

Business·News

I Need 35 Visas To Travel Around, Dangote Decries African Travel Restrictions

At the Africa CEO Forum Annual Summit in Kigali, Rwanda, Aliko Dangote, Nigeria’s renowned business tycoon, expressed frustration over the arduous travel procedures stifling movement across the African continent. Dangote, a vocal advocate for intra-African trade and investment, highlighted the significant hurdles

May 21, 2024

Business·News

How Dangote, BUA, 6 Others Suffer Forex Losses Of N627bn In Q1 2024

In a portrayal of economic turbulence, eight Nigerian manufacturers, including industry giants like Dangote, BUA, and Lafarge, faced a collective forex loss totaling N627.7 billion in the first quarter of 2024. This revelation, drawn from a comprehensive analysis of financial statements, underscores

May 20, 2024

Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

Business·News

Dangote Refinery Again Reduces Diesel, Aviation Fuel Prices To N940, N980

Dangote Petroleum Refinery has again reduced the prices of diesel and aviation fuel, offering a litre of diesel for as low as N940 and aviation fuel at N980 per litre. This reduction follows closely on the heels of a previous price cut

April 23, 2024

HURIWA Calls For Investigation Into Violence, Killings In South-east Nigeria

News

HURIWA Urges Caution On EFCC Raid Of Dangote, Interrogation Of Bank Chiefs

HURIWA has urged EFCC to exercise caution in handling investigations about alleged irregularities in forex allocation to Dangote Group and others, by the Central Bank of Nigeria.

January 10, 2024

NUPRC Mandates Oil Licence Holders To Pay $5,000 For Extension

News·Oil & Gas

Oil Production: NUPRC Mandates Allocation Of 483,000 bpd To Local Refineries In 2024

NUPRC has mandated oil producers to allocate not less than 483,000 barrels per day (bpd) of crude oil to domestic refineries for the initial half of 2024.

December 31, 2023

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dangote

Dangote, Fuel Marketers in Fierce Face-Off Over Alleged ₦1.5 Trillion Subsidy

Over N202bn Wiped Off From Nigerian Stock Market

Dangote Cement’s $280m Investment In CNG Boosts Nigeria’s Energy Transition Efforts

Petrol Price Delay Sparks Concern Among Marketers As Import Costs Rise

Adopt Concrete Road Construction Over Asphalt- Dangote Urges Nigerian Govt

I Need 35 Visas To Travel Around, Dangote Decries African Travel Restrictions

How Dangote, BUA, 6 Others Suffer Forex Losses Of N627bn In Q1 2024

Dangote Refinery Again Reduces Diesel, Aviation Fuel Prices To N940, N980

HURIWA Urges Caution On EFCC Raid Of Dangote, Interrogation Of Bank Chiefs

Oil Production: NUPRC Mandates Allocation Of 483,000 bpd To Local Refineries In 2024

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