Dangote’s refinery secures license to process 300,000 barrels of Nigerian crude daily
At a Saudi-Nigeria business roundtable in Riyadh, Dangote emphasized the refinery’s commitment to initiating operations with Nigerian crude.
Aliko Dangote
Abdul Samad Rabiu overtakes Dangote as richest investor in Nigeria’s stock market
Rabiu’s portfolio includes a 99.8-percent stake in BUA Foods, the crown jewel of his holdings, valued at N3.64 trillion ($4.54 billion).
Africa’s richest man Aliko Dangote puts $45.5-million private jet up for sale
Dangote initially acquired the ultra-long-range jet for $45.5 million 13 years ago to commemorate his 53rd birthday.
25 richest people on the Nigerian Exchange
Leading the ranks on the Nigerian Exchange are iconic figures like Aliko Dangote, Femi Otedola, and Abdul Samad Rabiu.
Nigerian elders urge restraint in Dangote-Rabiu business conflict for stability
Dangote and Rabiu are leaders of Africa’s industrial and manufacturing revolution through their conglomerates Dangote Group and BUA Group.
Dangote to receive $2.07-million interim dividend from salt-processing business
Aliko Dangote’s stake in Nascon Allied Plc, worth $118 million, significantly contributes to his estimated net worth of $15.9 billion.
Africa’s richest man Aliko Dangote moves $687 million from African ventures to Nigeria
This substantial repatriation is a testament to the confidence that prominent business leaders like Aliko Dangote have in the nation’s prospects.
Dangote, Rupert, Motsepe, and others too poor to rank among world’s 100 richest billionaires
The challenges faced by Africa’s billionaires in their pursuit of global wealth rankings serve as a stark reminder of the complex dynamics at play in the global market.
Nigeria’s second-richest man Abdul Samad Rabiu’s BUA Group hits back at Aliko Dangote
Rabiu’s BUA Group counters Dangote’s accusations with a history of perseverance.
Africa’s richest man Aliko Dangote’s refinery to receive crude oil cargoes from NNPC
The IEA has lauded Dangote and his Dangote Oil Refinery as a pivotal force poised to stimulate oil demand growth over the next decade.
Dangote’s salt-processing company surpasses $70-million revenue mark in 9M-2023
As the majority shareholder of Nascon Allied Industries, Dangote’s stake in the salt and seasoning processing company is now worth $117 million.
Oil firm of Dangote’s half-brother Sayyu Dantata posts 9M revenue exceeding $120 million
Dantata, a multimillionaire businessman and the majority stakeholder in MRS Oil Nigeria, owns 60 percent of the company, or 205,730,806 ordinary shares.
Aliko Dangote’s cement empire achieves 9-month profit exceeding $340 million
Dangote Cement’s remarkable financial performance and ability to sustain profit growth solidify its position as a top player in the African cement industry.
IEA forecasts Aliko Dangote’s refinery to fuel decade-long surge in African oil demand
Reports had indicated that Aliko Dangote was nearing a significant milestone as the Dangote Oil Refinery prepared to receive its first crude oil cargo in October.
Africa’s richest man Aliko Dangote no longer among world’s top 100 billionaires
Currently, with a net worth of $15.8 billion, Dangote is positioned as the 107th wealthiest individual globally.
Africa’s richest man Aliko Dangote’s sugar firm to boost production to 1.5 million tonnes
Dangote Sugar Refinery currently boasts a refining capacity of 1.44 million metric tonnes, making it Nigeria’s largest household and commercial sugar producer.