Aliko Dangote
Every story we have published on Aliko Dangote.
Dangote’s petrol unit is down 34%
The Dangote Petroleum Refinery has been running its main petrol-producing RFCCU unit at 34% below capacity since May 21, initially due to feedstock constraints from lighter crude and then a flue gas slide gate valve…
Dangote refinery powers past 700,000bpd
The Dangote Petroleum Refinery has validated crude processing capacity of 700,000 barrels per day, surpassing its 650,000 bpd nameplate design…
Dangote exposes the oil mafia
Aliko Dangote publicly described a coordinated “oil mafia” that he says tried to prevent his $20 billion Lekki refinery from being built, telling…
NNPC challenges Dangote’s prices in court
NNPC filed a court counter-affidavit on May 27 arguing that Dangote Petroleum Refinery’s petrol is sold at significantly high and fluctuating…
Nigeria becomes a net fuel exporter
The Dangote Petroleum Refinery ran at 99.1% capacity in April 2026, producing 53.6 million litres of petrol daily against domestic consumption of…
Dangote sets September for $50bn IPO
Aliko Dangote confirmed on May 21 that the Dangote Petroleum Refinery IPO will launch in September 2026 on the Nigerian Exchange, targeting a $50…
Dangote’s Ethiopia bet hits $4bn
Aliko Dangote has raised the Dangote Group’s investment in an Ethiopian fertiliser complex at Gode to more than $4 billion, up from $2.5 billion.…
Dangote locks NNPC out of refinery
Aliko Dangote has blocked NNPC from acquiring additional equity in the $20 billion Lekki refinery, clearing the cap table ahead of the planned $5…
Nigeria’s oil earned less in 2025 despite pumping more
Nigeria earned $31.54 billion from crude oil in 2025, down 14.4% from $36.85 billion in 2024, despite higher production. The gap reflects quota…
Dangote ships 456,000 tonnes to five African nations
Dangote Petroleum Refinery has exported 12 cargoes of PMS totalling 456,000 tonnes to Côte d’Ivoire, Cameroon, Tanzania, Ghana and Togo. It is the…
South Africa turns to Dangote for fuel
South Africa has lost half its refining capacity and gets 75% of its fuel from the Middle East. With the Strait of Hormuz disrupted by the Iran war…
265,000 Africans applied for 3,200 startup spots
The Tony Elumelu Foundation announces its 12th TEF Entrepreneurship Programme cohort on March 22. Over 265,000 applications came in from all 54…
Dangote seals $4.2bn gas deal with GCL
Dangote Industries and China’s GCL Group have signed a $4.2 billion, 25-year natural gas supply deal to power a 3-million-tonne-per-year urea…
Africa’s billionaires hit $126bn collective wealth
Africa’s 23 billionaires are collectively worth $126.7 billion, up 21% from $105 billion a year ago, according to Forbes’ 2026 Africa Billionaires…
Dangote orders 1,000 CNG trucks from China
Dangote Group has ordered over 1,000 compressed natural gas tractors and semi-trailers from Chinese automaker BAIC FOTON, bringing its total CNG…