Aliko Dangote

Dangote Petroleum Refinery has commenced production of diesel and aviation fuel, a statement by the company said. The President of Dangote Group, Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Mr Dangote also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority…

South Africa’s luxury goods tycoon Johann Rupert and his family have taken the crown as Africa’s top billionaire after Nigeria’s Aliko Dangote lost the prime spot. According to the latest Forbes billionaire ranking, Mr Rupert and his family are currently the 201st wealthiest in the world, while Mr Dangote is the 219th. The valuation of the wealth of Mr Dangote, who held the first place on the African billionaire ranking for more than 12 years, came under pressure after a major devaluation of the naira by roughly…

Dangote Refinery has made a further move towards the commencement of the production of refined petroleum products with the receipt of an additional one million barrels of crude bonny light supplied by the Nigeria National Petroleum Corporation (NNPC). The fresh one million barrels of crude from the Shell terminal via the MT Otis owned by Trafigural is the second consignment to be delivered to the Dangote facility out of the six million barrels of crude being expected by the world’s largest single-train refinery.…