Dangote Buys 25% of Kenya Pipeline Company for $327M
LONDON, United Kingdom — Aliko Dangote has acquired a 25% stake in Kenya Pipeline Company (KPC) in a deal valued at about $327 million, extending his investments in…
LONDON, United Kingdom — Aliko Dangote has acquired a 25% stake in Kenya Pipeline Company (KPC) in a deal valued at about $327 million, extending his investments in…
LAGOS, Nigeria — Renaissance Capital Africa (RCA) has raised its Dangote Refinery valuation to ₦700.41 per share, a 33.4% premium to the ₦525 IPO offer price, after the…
LAGOS, Nigeria — Dangote Petroleum Refinery and Petrochemicals FZE plans to list its shares on the New York Stock Exchange after expanding its crude-processing capacity to 1.4 million…
Aliko Dangote, founder of the Dangote Group and president of Dangote Refinery, has seen his net worth rise to $51.3 billion. According to Forbes’ Real-Time Billionaires List, Dangote’s…
The Dangote Refinery has officially opened its initial public offering (IPO) on the Nigerian Exchange (NGX), offering 4.1 billion ordinary shares at N525 each. The offer opened on…
Dangote Industries is planning to acquire its own ships to make it easier and cheaper to move its products from Nigeria to other African markets. The company says…
Afrobeats singer David Adeleke, popularly known as Davido, has revealed that some of Nigeria’s influential political and business figures contacted him and asked him to delete his social…
Femi Otedola, chairman of First HoldCo, said he plans to invest $100 million in the Dangote Refinery. He made this known on Wednesday after leading a group of…
The President of the Dangote Group, Aliko Dangote, has revealed that he rejected offer by the Nigerian National Petroleum Company (NNPC) Limited to increase its ownership in the…
Billionaire businessman Femi Otedola has reacted to a report claiming that Aliko Dangote had a disagreement with Tony Elumelu after allegedly seeking financial support for his refinery project.…
The Dangote Group has rejected reports claiming there is a fallout between its President, Aliko Dangote, and Tony Elumelu, Chairman of Heirs Holdings. The company also denied claims…
Aliko Dangote, chairman of the Dangote Refinery, has been named among TIME Magazine’s list of the 100 most influential people in the world for 2026. This is his…
Aliko Dangote, chairman of Dangote Group, has asked the Economic and Financial Crimes Commission (EFCC) to investigate Farouk Ahmed, the former CEO of the Nigerian Midstream and Downstream…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed that its investigation into a former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory…
Farouk Ahmed has resigned as the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This comes following corruption allegations made against him by Aliko…
Aliko Dangote, Chairman of the Dangote Group, has written a formal petition to the Independent Corrupt Practices and Other Related Offences Commission (ICPC). In the petition, Dangote accused the…