Sanusi Urges Caution Over Dangote Refinery IPO
By Sofiat Adenekan-Abdul Emir of Kano, Muhammadu Sanusi II, has urged Nigerians to be cautious when investing in initial public offerings, IPOs. Sanusi spoke at the Dangote Petroleum Refinery and Petrochemicals IPO roadshow in Kano, where he advised people not to sell their homes or use their children’s school fees to buy shares. He encouraged […]
Dangote Refinery Denies Fuel Export, Re-Import Claims
By Mardiyyah Abubakar Dangote Petroleum Refinery and Petrochemicals has dismissed claims that its petroleum products are exported to Lomé and later re-imported into Nigeria. In a statement, the company described the allegation as misleading and unsupported by facts, trade data, or commercial realities. Although the refinery said it does not usually respond to baseless claims, […]
NMDPRA, NUPRC Chief Executives Resign, Tinubu Nominates Replacements
By Chinedu Echianu The Chief executives of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Farouk Ahmed and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe have resigned their appointments with immediate effect. Ahmed’s resignation follows corruption allegations levelled against him by the Chairman of Dangote Group, Aliko Dangote. It is not […]
Invest at Home for Industrialisation, Dangote Tells Africans
By Oluwakemi Kindness Africa’s top industrialist, Aliko Dangote, says the continent must take a bold stand on economic self-reliance and industrialization, calling for an “Africa First” approach, similar to former U.S. President Donald Trump’s America First policy. Speaking at the ongoing Afreximbank conference at a session themed The Path to Making Africa Great Again, Dangote compared […]