…We now have a living model with which to start. This is the whole point today. The post Aliko Dangote, Nigeria’s truest capitalist? By Suleiman A. Suleiman appeared first on Vanguard News.
…commended the leadership and commitment of Dangote Group President and Chief Executive, Aliko Dangote, highlighting his deep understanding of the refinery’s technical and operational processes. “The detail with which Aliko Dangote understands this plant is remarkable. Unless you understand the details, you are unable t…
…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 of the offering. The statement read, “According to the Commission, the proposed offering comprises 4.1 billio…
Industrialist Aliko Dangote, through the Aliko Dangote Foundation, has pledged ₦600m towards the construction of a girls’ hostel at Lagos State University and offered employment opportunities to first-class graduates in Engineering and Sciences, the university management has disclosed. The commitments were announced on…
…of rice and N10,000 cash assistance, as he further acknowledged the contribution of the Aliko Dangote Foundation to food security efforts in the state through the distribution of rice to vulnerable residents. He said lessons from the previous exercise had enabled the government to improve its grassroots distribution me…
…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, making it a landmark project in Nigeria's energy…
The Kano State Government has signed a Memorandum of Understanding with the Aliko Dangote Foundation for the takeover and management of the Aliko Dangote Skills Acquisition Centre for a period of 20 years. This was contained in a statement by the Governor’s Spokesman, Sanusi Dawakin-Tofa, on Tuesday. According to the s…
…which combines the advisory and capital markets capabilities of both firms. Alhaji Aliko Dangote, President and Chief Executive of Dangote Industries Limited, said: “This is an important milestone for DPRP and for African capital markets. “The successful completion of the private placement, together with the $400 milli…
…Davido, has revealed how Senate President Godswill Akpabio and billionaire businessman Aliko Dangote tried persuading him to delete his tweets during the Osun State governorship election. Davido made the disclosure during an exclusive interview with News Central TV on Tuesday, while recounting the pressure he faced as…
…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 the facilities in Januar…
…Kabir Yusuf, has approved a new salary review for academic and non-academic staff of Aliko Dangote University of Science and Technology, Wudil, and Northwest University, Kano. The approval was contained in a statement issued on Monday by the governor’s spokesman, Sunusi Bature Dawakin Tofa, titled “Gov. Yusuf Approves…
…Plc for the intervention. Sanni also thanked the Group President of the conglomerate, Aliko Dangote, for extending the company’s educational support programme beyond its host and impacted communities to schools in the state capital. The beneficiaries, school management, parents and community stakeholders also expressed…
…globally traded crude oil at full capacity, its President and Chief Executive Officer, Aliko Dangote, has disclosed. Dangote made the disclosure while receiving the Minister of State for Industry, Senator John Owan Enoh, who led a high-level delegation from the Federal Ministry of Industry on a tour of the 700,000 barr…
…for the transaction, but the company continues to 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…
…parties a major legal relief ahead of the 2027 elections. Beyond politics and security, Aliko Dangote’s daughter revealed plans by the billionaire to donate one-third of his wealth to charity, while Nigerians remain divided over calls to boycott South African singer Tyla’s Lagos concert amid renewed concerns over alleg…
…Industries Limited and Chairman of Dangote Petroleum Refinery and Petrochemicals, Aliko Dangote, said the transaction would help strengthen the company’s ownership structure while providing additional funding for expansion. He said the private placement was “a strategic step to deepen and further institutionalise the E…
Aliko Dangote's refinery has raised $2.5 billion through a private share placement after attracting about $4 billion in investor demandThe fundraising comes ahead of a planned IPO expected as early as August, becoming Africa's largest stock market listingInvestor confidence remains strong, with billionaire Femi Otedola…
The President & Chief Executive Officer of Dangote Industries Limited, Alhaji Aliko Dangote, has urged the Federal Government to direct capital injection into six marine priority areas. Listing the marine areas during the 2nd Quarter 2026 Citizens/Stakeholders' Engagement held by the Federal Ministry of Marine and Blue…
…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 proposed r…
…was clearly referring to private resources. Usually, when people like Warren Buffett or Aliko Dangote speak in the same way, the world can track the authority behind their words. If the funds to which Mrs Tinubu says she is providing are public funds, were they appropriated by the National Assembly? If so, through whic…
The President of Dangote Industries Limited, Aliko Dangote, has said strategic investments in aquaculture, hatcheries, feed production, processing, cold-chain logistics and export infrastructure could reduce imports, conserve foreign exchange, create more than 500,000 jobs and position Nigeria as a leading exporter of…
…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 Government's Roads Infrastruc…
…the close of the indication-of-interest period. Nairametrics also reported that Aliko Dangote plans to list about 10% of his oil refining company on multiple African stock exchanges as part of efforts to raise funding for the next phase of expansion across his industrial empire.