Dangote Group Archives - Page 3 of 3

Naira-for-crude policy will cut forex demand

NewsDeskNgSep 3, 2024September 3, 20240

The President of the Dangote Group, Aliko Dangote, says President Bola Tinubu’s Naira-for-crude policy will slash the demand for foreign exchange (forex) by 40 per cent. Dangote said this on Tuesday at a press conference where he announced the commencement of the production of petrol at the Lagos-based 650,000 barrels...

Dangote Refinery imbroglio: Experts react as NASS mulls sanctions on economic saboteurs

NewsDeskNgJul 23, 2024July 23, 20240

The Nigerian government authorities have offered the Chairman of Dangote Group, Aliko Dangote an olive branch amid the feud between Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority over substandard petroleum products. This comes as Nigerian lawmakers, particularly, the Senate have vowed to come tough on economic...

Dangote – Minor fire incident at our refinery has been contained

NewsDeskNgJun 26, 2024June 26, 20240

Dangote Group has released an official statement over the fire incident at its refinery on Wednesday. A statement from Dangote Refinery described the fire as minor, adding that it has been contained. “Dangote Refinery contains minor fire at its effluent treatment plant “We have swiftly contained a minor fire incident...