Aliko Dangote
The Dangote Refinery has been credited by the Independent Petroleum Marketers Association of Nigeria for lowering fuel prices from N1,200 to N1,000.
Nascon Allied Industries Plc says its proposed merger with Dangote Sugar Refinery has been suspended due to the comments and recommendations of the SEC.
In the coming month, the Dangote Refinery will begin selling petrol to Nigerians and other markets and has bought more crude oil from the US to achieve the target.
Market survey shows that cement prices have crashed from their high of N15,000 sold in January 2024 to about 7,500 to N8,000, depending on the brand.
The $20 billion Dangote Refinery has lowered fuel prices by 16.6% to N1,000 per litre from N1,200 per litre in an attempt to strengthen Nigeria's domestic economy.
The Dangote refinery has released a statement and video showing oil marketers lifting diesel at the facility as marketers demand a price crash from N1,250/ litre.
A new report has shown that more Nigerians have lost their status as dollar millionaires, while South Africa has the highest number of millionaires in dollars.
President Bola Ahmed Tinubu has commended Dangote Oil and Gas Limited for reducing the gantry price of Automotive Gas Oil (AGO), also known as diesel.
Bashir Ahmad, a former media aide to ex-President Muhammadu Buhari, has commended Dangote Petroleum Refinery for reducing diesel price from 1200 to 1,000.
Aliko Dangote
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