The Dangote Group predicts that the naira will trade at N1,330 per dollar in the fourth quarter of 2026, with a full-year average of N1,385/$. Rising foreign reserves, foreign investment inflows and lower fuel imports due to increased domestic refining are expected to support the currency. The World Bank also identifie…
…women, with the programme extending to eligible policewomen and military women. The Dangote Group confirmed to The PUNCH that eligible female personnel in the police and military are among the beneficiaries covered by the initiative, which targets up to two million Nigerian women through the ongoing Initial Public Offe…
Nigerian billionaire and President of the Dangote Group, Aliko Dangote, has blamed local marketers and international oil companies for fuelling protests over land earmarked for his proposed $16bn oil refinery in Lamu, Kenya. Dangote and the President of Kenya, William Ruto, performed the groundbreaking ceremony for the…
…Legit.ng reported that Aliko Dangote, president and chief executive officer of Dangote Group, has said the company’s planned refinery in Kenya will surpass its Lagos facility in both size and processing capability.Dangote disclosed this while hosting Kenyan President William Ruto on a tour of the Dangote Petroleum Refi…
…world-class facility in Lagos, while reaffirming Kenya’s commitment to partnering with Dangote Group on the proposed $17 billion East African Oil Refinery and Petrochemical Complex in Lamu. President Ruto, who visited the refinery after attending the United Nations General Assembly (UNGA), said witnessing firsthand the…
…approximately ₦2.15tn if fully subscribed, according to a statement issued by the Dangote Group on Friday. The development comes shortly after PUNCH Online reported that the refinery’s owner, Aliko Dangote, had said the IPO would open within 10–12 days. The SEC’s approval now clears the way for the next stages…
…the graduating classes would receive preferential consideration for employment with the Dangote Group after completing their National Youth Service Corps programme. The university said, “First-class graduates in Engineering and Sciences from the graduating class would receive preferential consideration for employment w…
…and operationsMust be willing to work in Ibeju-Lekki, LagosHead of Sales LogisticsDangote Group is hiring across cement, foods, mining, engineering, and corporate departments. Photo: BloombergImagesHow to apply for Dangote's Fleet Management Graduate ProgrammeInterested and qualified candidates are required to click th…
…moments. Follow Legit.ng on Instagram!Dangote Petroleum and Petrochemicals, part of the Dangote Group founded by Africa's richest man Aliko Dangote, operates one of the largest oil refineries on the continent. The Dangote Refinery, located in Lagos, has a processing capacity of 650,000 barrels of crude oil per day, mak…
…of what Aliko used to build Africa’s largest refinery”. Recall that the President of the Dangote Group, Alhaji Aliko Dangote, once expressed pessimism about the NNPC-managed refineries. Dangote’s scepticism is rooted partly in his own experience with the government refineries. He recalled that his group had acquired th…
…Dangote Fertiliser Limited in Lagos, according to a statement issued on Wednesday by the Dangote Group. Reflecting on the refinery project, Dangote described it as the biggest business risk of his life, recalling how many financiers doubted the project would ever be completed. Despite challenges ranging from the COVID-…
…target a September 2026 listing. Aliko Dangote, Africa's richest man and founder of the Dangote Group, had said as recently as July that he planned to launch the IPO that month, describing it as a chance for Nigerians and institutional investors to share in the refinery's growth.The offering is expected to rank among t…
…fuels. The development comes as Bloomberg reported on Tuesday that President of the Dangote Group, Aliko Dangote, plans to build the refinery at an estimated cost of up to $17bn as part of efforts to expand his refining empire into East Africa. Citing a spokesman for Dangote Industries Ltd., Bloomberg reported that the…
…reach their families and live with greater security," he said. Earlier, President of the Dangote Group, Alhaji Aliko Dangote, whose company is executing the projects, said the group was currently handling 12 major road projects covering more than 1,000 kilometres across the six geopolitical zones under the Federal Gove…
…petrol price nationwide to N1,125 per litre from N1,175 per litre. The spokesperson of Dangote Group, Anthony Chijiena, confirmed the latest reduction to DAILY POST on Thursday. This means that the refinery dropped its petrol gantry price by N50 per litre. “It is true our petrol gantry price was reduced by N50 per litr…
…in the coming years, driven largely by private-sector investments. In June 2025, the Dangote Group announced plans to more than double the production capacity of its fertiliser plant as part of a broader strategy to serve growing demand across Africa and expand exports. The expansion plans gained further momentum in Ap…