In a massive leap for Nigeria’s economic sovereignty, Aliko Dangote and NNPC’s Group CEO, Bayo Ojulari, have signaled a “no-limits” partnership aimed at revolutionizing the nation’s energy landscape. Following a high-level strategic tour of the Dangote Refinery in Ibeju-Lekki, both leaders confirmed that the collaboration will go far beyond current […]
For the first time in history, Africa’s billionaires have collectively crossed the $100 billion mark, a milestone that underscores both resilience and ambition on a continent often defined by economic turbulence. According to the latest Forbes ranking, 22 African billionaires now hold a combined fortune of $105 billion, up from […]
From boardrooms to basketball courts, from cement empires to cosmetic lines, the world’s Black billionaires are rewriting the global wealth narrative. With a combined net worth of $96.2 billion, these 23 trailblazers are not just building empires—they’re redefining power, innovation, and legacy across finance, tech, media, and beyond. In this […]
Dangote Retains Top Spot as African Billionaire Fortunes Soar Four Nigerian business magnates—Aliko Dangote, Femi Otedola, Mike Adenuga, and Abdulsamad Rabiu—have been named in the 2025 Forbes Africa Billionaires List, solidifying Nigeria’s status as a key player in the continent’s economic landscape. Forbes released the much-anticipated list on Saturday, March […]
Dangote Group Defends Refinery Operations Amid Accusations Alhaji Aliko Dangote and his team have demonstrated their refinery’s fuel quality to the House of Representatives leadership, rejecting recent allegations against the company. Lawmakers Tour Lekki Refinery During a visit to the Lekki Free Trade Zone, Speaker Tajudeen Abbas, Deputy Speaker Benjamin […]
Nigerian businessman and industrialist, Aliko Dangote, predicts a drop in inflation as diesel pump prices decrease in Nigeria. During a recent interview, Dangote highlighted the positive impact of reduced fuel costs on the prices of locally-produced goods. With diesel prices at around ₦1,200 instead of ₦1,650, transportation expenses are expected […]
The Dangote Refinery, yesterday, took delivery of another tranche of one million barrels of crude oil, thus increasing total deliveries to about three million barrels which came from Shell International Trading and Shipping Company Limited (STASCO). According to reports, Dangote Refinery has concluded plans to start the refining of diesel […]
The Dangote Oil Refining Company has now received its first shipment of crude oil, marking a major milestone for the multi-billion-dollar facility and bringing it closer to full operation. The first shipment, a 950,000-barrel cargo sourced from Shell International Trading and Shipping Co (STASCO) arrived on a chartered vessel and […]
