NNPCL needs huge investment to meet demand – Dangote

The Nigerian National Petroleum Company Limited needs to roll out massive investments in terms of oil and gas to meet the demand for these commodities, Africa’s richest man and Chairman, Dangote Group, Aliko Dangote, has said. He said the national oil firm should invest more because there were many off-takers waiting to off-take the products from the company. Dangote spoke at the ongoing 2023…
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Dangote wants improved free trade in Africa

A statement said Dangote who was  represented by the Group Executive Director/Group Chief Risk Officer, Dangote Industries Limited, Dr. Adenike Fajemirokun, said this while speaking in Lagos at the launch of a special publication ‘The world ahead 2023’ by The Economist…
Brands & People

Dangote Industries to List N300B in NGX and FMDQ Bonds

Dangote Industries Limited has completed the listing of the firm’s N300bn series 1 and 2 bonds on Nigerian Exchange Limited and the FMDQ in Lagos. The Group Managing Director of DIL, Olakunle Alake, during the listing ceremony, told investors that the bonds were primarily…

Dangote petrochemical plant to position Nigeria as polypropylene hub in Africa

Dangote’s $2 billion Petrochemical Plant located at Ibeju-Lekki, Lagos State, when fully operational will position Nigeria as one of Africa’s largest petrochemicals hubs and boost non-oil export earnings for the country, according to the Dangote Group President, Aliko Dangote. The 900,000 metric tonnes per annum capacity Plant, which is being built alongside the 650,000 barrels per day Dangote…
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