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BUA chairman AbdulSamad Rabiu loses $1.1bn in 90 days — Report

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Chairman of BUA Group AbdulSamad Rabiu has seen his net worth reportedly drop by $1.1 billion in the past 90 days. The net worth of...

Dangote Refinery to sell 12.7% stake abandoned by NNPC – Fitch

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Credit rating agency Fitch has said that Dangote Refinery plans to sell a 12.7 per cent stake in 2024 for loan servicing. The stake on...

Otedola, Dangote meet in France amid refinery row

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Businessmen Femi Otedola and Aliko Dangote have met in Monaco, France amid the latter's tussle with Nigeria's oil regulators over his refinery. Dangote paid a...

Dangote scrambles to debunk report of reselling imported, Nigerian crude

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Dangote Group has moved swiftly to debunk claims of reselling shipments of crude oil from the United States and Nigeria. Reuters reported on Friday that...

Dangote often pays more taxes than top banks combined — Otedola

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Businessman Femi Otedola has called for support for the chairman of Dangote Group Aliko Dangote and his $20 billion refinery in Lagos. Dangote has been...

Dangote, oil regulators’ saga sends bad signals about Nigeria – Adesina

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President of the African Development Bank (AfDB) Group Akinwumi Adesina has knocked oil regulators in Nigeria for the treatment given to Africa’s richest man...

Otedola defends friend Dangote over refinery row

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Businessman Femi Otedola has spoken in defence of his friend Aliko Dangote over the discord between the latter and oil regulators in the country. Since...

Heineken Lokpobiri holds peace meeting with Dangote, NMDPRA, NUPRC, NNPC bosses...

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Minister of state for petroleum resources (oil) Heineken Lokpobiri on Monday held a meeting with the chairman of Dangote Group Aliko Dangote and other...

Dangote rattled over alleged demarketing of refinery

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Chairman of Dangote Group Aliko Dangote is not one to talk very often to the media about his businesses. However, his $20 billion refinery at...

Bring your Dubai money home, Dangote says, drops proposed investment in...

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Dangote Group will no longer be investing in the steel industry, the group's chairman Aliko Dangote has said. Africa's richest man told journalists at his...