Aliko Dangote's sugar firm opens a $324 million rights issue to bankroll local production
Aliko Dangote's Dangote Sugar has opened a N485.9 billion ($324 million) rights issue to strengthen its balance sheet and fund a major local-production drive.
Aliko Dangote
S&P upgrades Nigeria's credit rating and names Dangote Refinery as a key reason why
S&P upgraded Nigeria's sovereign credit rating to B from B-, specifically naming the Dangote Refinery's ramp-up to near full capacity as a key driver of the country's improving economic outlook.
Aliko Dangote sets September IPO launch for $50 billion refinery as pre-orders near $2 billion
Aliko Dangote told reporters at the Lekki refinery the IPO will launch in September with private placement requests already approaching $2 billion.
Nigerian billionaire Femi Otedola will invest $100 million in Dangote Refinery
Nigerian billionaire Femi Otedola announced a $100 million investment in the Dangote refinery during a high-profile executive visit to the Lagos facility on Wednesday.
Africa's richest man hosts billionaire Femi Otedola and First HoldCo executives at his Lekki refinery
Aliko Dangote hosted Femi Otedola and First HoldCo executives at the Dangote Petroleum Refinery in Lekki on Wednesday, with both sides framing the visit as a signal of African industrial alignment.
Africa's richest man plans to double his refinery and invest $45 billion more as he targets a $200 billion group valuation
Aliko Dangote told the CEO of Norway's sovereign wealth fund he plans to invest $45 billion more and double his refinery capacity to 1.4 million barrels per day within 30 months.
Aliko Dangote activates Olokola Deep Sea Port plan as Vision 2030 push accelerates across Ogun and Ondo
Aliko Dangote's group has begun work on the Olokola Deep Sea Port, a 10,000-hectare export hub across Ogun and Ondo states under Vision 2030.
Billionaire TY Danjuma donates $2.2 million at former President Yakubu Gowon's autobiography launch
Retired General TY Danjuma donated N3 billion at the Abuja launch of Yakubu Gowon's autobiography, with Aliko Dangote adding N500 million and AbdulSamad Rabiu purchasing N25 million in copies.
Nigeria's pension regulator clears pension funds to buy into Aliko Dangote's refinery IPO
The National Pension Commission has waived its own rules to let pension funds back the Dangote refinery's share sale, the largest in Nigeria's history
Aliko Dangote raises Ethiopia investment to $4 billion, making it the 2nd largest recipient of his continental spending
Aliko Dangote has raised the Dangote Group's investment in Ethiopia to over $4 billion, making it the 2nd largest destination of his African spending.
Tanzania's president met Dangote in Dar es Salaam after losing the oil refinery to Mombasa
Tanzania's President Suluhu met Aliko Dangote in Dar es Salaam on May 16, days after he told the FT he favours Mombasa over Tanga for his East African refinery.
Dangote sues Nigeria's government over fresh petrol import licences as the "mafia" fight reaches court
Dangote Petroleum Refinery filed a new lawsuit seeking to cancel petrol import licences issued to six marketers and NNPC despite the refinery supplying nearly 80% of Nigerian fuel demand.
Aliko Dangote is targeting a $50 billion valuation for his refinery IPO in what could be Africa's biggest ever stock market offering
Aliko Dangote is targeting a $50 billion valuation for his refinery IPO on the Nigerian Exchange in what could be Africa's biggest stock offering ever.
Aliko Dangote just crossed $35 billion, jumped to 65th richest globally and added $3 billion in two weeks
Aliko Dangote's net worth has surged to $35.9 billion, a year-to-date gain of $5.92 billion, as his refinery dominance, cement expansion and Kenya refinery plans accelerate his wealth creation in 2026.
Norway's $1.9 trillion fund eyes partnership with Dangote Group
Aliko Dangote flew to Oslo for a fireside meeting with the CEO of the world's largest sovereign wealth fund to discuss an Africa partnership.
Aliko Dangote targets September London listing for Dangote Cement in busiest year of his business life
Aliko Dangote told the Financial Times that Dangote Cement is targeting a London listing by September with three major banks already appointed.