Dangote Petroleum Refinery plans to price its shares at 525 naira per share in its upcoming initial public offering (IPO), aiming to raise approximately $1.5bn...
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The initial public offering (IPO) of Africa’s largest oil refinery, the Dangote Refinery, is set to open within the next 10 to 12 days. Billionaire founder...
Global index provider FTSE Russell has added 10 major Nigerian companies to its Frontier Index Series as the country prepares to regain its Frontier Market...
The Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of petrol and diesel to help ease fuel costs across Nigeria. In a statement...
Nigeria’s massive Dangote petroleum refinery sourced nearly 78% of its crude oil from domestic producers in May and June, according to newly released...
LAGOS — Nigeria’s mega-refinery, owned by billionaire Aliko Dangote, has launched a free delivery service for petrol to six key states, including the capital...
MOMBASA — African billionaire Aliko Dangote has commenced preliminary works on a massive $17bn (£13.4bn) oil refinery in Kenya, in a move that could...
ABUJA — Nigeria’s Securities and Exchange Commission (SEC) has ordered an immediate halt to all marketing activities promoting a purported initial public...
ABUJA, Nigeria — One of Africa’s largest conglomerates, the Dangote Group, has reported a historic 56% decline in road traffic crashes across its nationwide...
ADDIS ABABA, Ethiopia — Nigerian billionaire industrialist Aliko Dangote has wrapped up a high-profile visit to Ethiopia, sealing a massive $4bn (£3.2bn)...