Tag: Dangote refinery
Why I sold Geregu stake to invest in Dangote refinery IPO...
Billionaire businessman Femi Otedola has explained why he sold his stake in Geregu Power to free up funds for investment in the planned initial...
Why I rejected NNPC’s bid for more refinery shares – Dangote
Africa’s richest man Aliko Dangote has said the Dangote Group rejected attempts by the Nigerian National Petroleum Company Limited (NNPC) to increase its 7.25...
Dangote eyes $50bn refinery valuation ahead of stock market listing
Billionaire businessman Aliko Dangote is targeting a valuation of up to $50 billion for the Dangote Petroleum Refinery and Petrochemicals ahead of a planned...
Otedola denies claim of special allocation request in Dangote refinery IPO
Billionaire businessman Femi Otedola has denied reports that he requested a special allocation in the planned initial public offering of the Dangote refinery.
Mr Otedola...
Reps summon Dangote Refinery, NMDPRA over dispute in downstream sector
The House of Representatives Joint Committee on Petroleum Resources has invited Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to...
PENGASSAN orders cut of gas, crude oil supply to Dangote Refinery
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its members to halt the supply of gas and crude oil to...
Over N2trn siphoned through subsidy claims under Jonathan — Femi Otedola
Billionaire businessman Femi Otedola has alleged that more than N2 trillion was siphoned through questionable petrol subsidy claims linked to depot licences during the...
Anxiety as Dangote plans to stop petrol transactions in Naira
Some Ibadan residents have expressed anxiety over an anticipated increase in prices of items following Dangote Refinery’s move to stop the transaction of petroleum...
NNPC, Dangote, Naira-for-crude deal & other matters
By Simbo Olorunfemi
It has to be that there are people out there who are so heavily invested in ensuring friction between NNPC Limited and...
Dangote ranked 86th richest person in the world with $23.9bn wealth
Nigerian billionaire Aliko Dangote has risen to the 86th position on Forbes’ Real-Time Billionaires List, with an estimated net worth of $23.9 billion. This...
