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The Nigerian National Petroleum Company Limited (NNPC Ltd) General Manager for Strategic Communications, Ms. Onyi Sunday, insisted I speak at a capacity-building session for members of the media/PR team. So, I was at their headquarters in Abuja last Thursday where a few managers from other departments joined in. During the interactions that followed my presentation, […]
Continue ReadingAliko Dangote, Chairman of the Aliko Dangote Foundation (ADF) and the President of Dangote Group, has announced a N1 trillion scholarship programme to expand access to education and promote academic excellence across Nigeria. Starting in 2026, the initiative will support over 1.3 million students from all 774 Local Government Areas, with N100 billion committed annually […]
Continue ReadingAfrican richest businessman, Aliko Dangote has called on wealthy Nigerians to redirect funds currently spent on luxury items such as Rolls-Royce cars and private jets into establishing industries that drive economic growth and create employment opportunities. Dangote spoke after a meeting with President Bola Tinubu at Aso Rock Villa on Saturday, he lamented the culture […]
Continue ReadingChairman and CEO of Dangote Group, Alhaji Aliko Dangote, has said that he is still fighting for the survival of his $20bn refinery, stressing that the fight is not yet finished. The business mogul expressed optimism that he would win the fight for the refinery, stating his determination to fight on. According to Semafor, an […]
Continue ReadingAliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola, have emerged as the only Nigerians on the 2025 ‘Africa’s Billionaires List’ compiled by Forbes, which was released on Saturday, March 29. The four businessmen are the only Nigerians to feature on the prestigious lineup, with Dangote leading the continent’s wealthiest individuals. Dangote, the owner of Dangote […]
Continue ReadingIn a statement, Dangote Petroleum Refinery, on Wednesday, announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, PMS, commonly referred to as petrol, by N65.00. With this, the price will drop from N890 to N825 per litre, effective Thursday, February 27, 2025, a statement by the refinery stated. Dangote stated that this […]
Continue ReadingNigerian billionaire businessman, Femi Otedola, has congratulated his friend, Aliko Dangote, on the actualisation of his $20 billion refinery in Lagos. In a statement released on his social media handles on Tuesday September 3, Otedola said the roll out of petroleum products from the Dangote Refinery has dealt a heavy blow on the oil cabals […]
Continue ReadingIn an interview with Financial Times, former Nigerian President, Chief Olusegun Obasanjo, has said that those benefiting from the lucrative business of fuel importation are going to make efforts to frustrate the Dangote Petroleum Refinery. Obasanjo stated this in the wake of allegations by the President of the Dangote Group, Alhaji Aliko Dangote, that some […]
Continue ReadingNigeria is a drama, an entertainment. Listen to the ‘Wahala’ singer, Portable, as he wonders why anyone would want him to join this week’s proposed protests. Yes, he admits that he joined protests in the past. But he says that was when he was poor. “Now I am rich…You want a rich man to protest?” […]
Continue ReadingGabonese President has invited Africa’s richest man, Aliko Dangote to explore investment opportunities in their country’s Cement and Fertiliser sectors. This is coming amidst his row with Nigerian authorities over the operation of his private refinery. The Dangote group shared a photo of Aliko with the Gabonese President and wrote: “President/CE of Dangote Industries Limited, […]
Continue ReadingThe President of Dangote Group, Aliko Dangote, has disclosed that his friend who earlier warned him against investing in Nigeria is now taunting him for ignoring his advice. Dangote disclosed this in an interview with PREMIUM TIMES on Sunday just as reports quoted the Nigerian Midstream and Downstream Petroleum Regulatory Authority as claiming that diesel […]
Continue ReadingMoney is perhaps a homeless vagrant. It has no nationality or permanent homestead in real terms. It goes and stays only where its masters are wise, prudent and far sighted. But in a world dominated by nations and their interests, real money is first a national asset and tool of governance and sovereign assertion. When […]
Continue ReadingNigerian business magnate, Aliko Dangote has reclaimed his position as the richest person in Africa, according to Forbes Real-Time Billionaires report. Last week, South African business tycoon, Johann Ruper, took over the position from Dangote. According to the ranking as of January 8, Dangote’s net worth improved by $10 million to $10.1 billion while Rupert’s […]
Continue ReadingNigerian president, Muhammadu Buhari, has commissioned Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export. Speaking at the occasion attended by Heads of State from Ghana, Togo, Niger, Senegal and a representative of the President of Chad on Monday, Buhari […]
Continue ReadingNigerian lawyer, Pelumi Olajengbesi, has appealed to chief executive officers (CEOs) of banks and Nigerian billionaire businessmen including Aliko Dangote, Femi Otedola, Abdul Samad Rabiu, and Mike Adenuga to pay off the N1.1 trillion being demanded by the Academic Staff Union of Universities (ASUU). Olajengbesi said the Federal Government of Nigeria has displayed irresponsibility and […]
Continue ReadingOn Sunday, April 3, the creme de la creme of the Nigerian society gathered to celebrate the 90th birthday of Lady Doja Otedola, mother of billionaire businessman, Femi Otedola. The celebration had in attendance former Nigerian president, Olusegun Obasanjo; Nigerian Vice president, Prof Yemi Osinbajo; Governor Babajide Sanwo-Olu of Lagos state, Governor Godwin Obaseki of […]
Continue ReadingThe billionaire Nigerian business moguls- Aliko Dangote, Abdulsamad Rabiu and Dahiru Mangal are spotted and pictured together in the Kaaba, Mecca, Saudi Arabia. See more of their photos below:
Continue ReadingThe crisis between Governor Abdullahi Ganduje of Kano State and the Emir of Kano, Alhaji Muhammadu Sanusi ll has finally been resolved following a reconciliatory meeting between the two in Abuja. This is contained in a statement by Mr Abba Anwar, the Chief Press Secretary to Ganduje and made available to the News Agency of […]
Continue ReadingAliko Dangote has continued to maintain the lead for the eighth straight year in a row. He has been Named Africa’s richest person again. His net worth is estimated at $10.3 billion, nearly $2 billion less than a year ago. The drop in his net worth is primarily due to a roughly 20% drop in […]
Continue ReadingFellow Nigerians, this is one of those weeks when what you never planned decides to jam what you already planned. I had planned to write on my encounter with one of the youngest Presidential aspirants, Fela Durotoye, who visited me at home recently with his very creative wife, Tara. We spent some quality time together […]
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