Africa's richest man set to pocket $485 Million dividend from cement giant
Aliko Dangote is poised to collect about $485 million in dividends after Dangote Cement proposed a N45 per share payout for 2025.
Aliko Dangote
Aliko Dangote says his refinery can meet Nigeria’s petrol demand and export up to 20 million litres daily
Aliko Dangote says his refinery will supply up to 65 million litres of petrol daily, leaving surplus fuel for export.
Dangote Cement makes capital market history with first commercial paper listing on Nigerian Exchange
Dangote Cement has become the first company to list commercial papers on the Nigerian Exchange, marking a major milestone for Nigeria’s capital market and expanding funding opportunities for large corporates.
Dangote signs $400 million deal with XCMG China to speed refinery expansion to 1.4 million barrels a day
Dangote Group signed a $400 million equipment agreement with China’s XCMG, aiming to speed refinery expansion and scale petrochemicals and fertilizer output.
Aliko Dangote seeks Sassou Nguesso’s support for Congo potash project
Aliko Dangote has approached Congo’s president about backing a potash mining project as he looks to secure fertiliser inputs regionally.
Aliko Dangote petitions anti-corruption agency to probe ex oil regulator Farouk Ahmed
Dangote has asked Nigeria’s EFCC to investigate former oil regulator Farouk Ahmed, escalating a dispute over alleged lavish spending and abuse of office.
Dangote to expand refinery to 1.4 million barrels a day, eyes $55 billion in annual revenue
Aliko Dangote plans to double the capacity of his Lagos refinery to 1.4 million barrels a day, aiming to make it a global refining leader. The billionaire also reaffirmed plans to list shares on the NGX and promised steady fuel supply during the festive season.
Dangote’s refinery IPO could make him Africa’s first $100 billion man
Nigeria’s richest man is preparing to list a slice of his refinery, and if the market agrees with his valuation, it could send his net worth soaring to levels few in the world have reached.
Africa's richest man Aliko Dangote's refinery sends first petrol cargo to U.S.
Dangote’s $20 billion refinery sent its first gasoline cargo to the U.S., marking Nigeria’s debut as a direct fuel exporter to America.