Tag: #Dangote
-
SAUDI ENVOY, DANGOTE MOVE TO BOOST INVESTMENT TIES BETWEEN BOTH ECONOMIES
Saudi Arabia’s Ambassador to Nigeria, Yousef bin Mohammed Al-Balawi, has met with billionaire businessman Aliko Dangote to deepen economic cooperation between both countries. The meeting, held at the envoy’s residence in Abuja’s Diplomatic Quarter, focused on expanding partnerships in energy, industry, infrastructure, and investment opportunities. Al-Balawi said the engagement reflects growing Saudi–Nigeria economic relations and…
-
DANGOTE SETS SIGHTS ON IPO, TO SELL 10% OF REFINERY
Africa’s biggest refinery is heading to the market — and investors could soon own a slice of Dangote’s $20bn oil giant. Washington D.C., April 16, 2026 — The Dangote Group has unveiled plans to sell a 10 per cent stake in its 650,000 barrels-per-day refinery through a Pan-African Initial Public Offering (IPO) in 2026. President…
-
DANGOTE SOUNDS ALARM: GLOBAL OIL TENSIONS COULD HIT NIGERIA HARD
From fuel prices to daily survival, Africa’s richest man warns the Middle East crisis could ripple into every corner of Nigeria’s economy. Business mogul Aliko Dangote has warned that rising tensions in the Middle East could trigger serious economic shocks for Nigeria and other African countries. Speaking after meeting with Bola Ahmed Tinubu in Lagos,…
