Aliko Dangote's refinery helps push Nigeria's balance of payments to $4.23bn surplus in 2025
Nigeria swung to a $4.23 billion balance of payments surplus in 2025, powered by Dangote Refinery exports and surging diaspora remittances.
Aliko Dangote
The Economist: Africa's biggest businessman is reshaping the continent
He built Africa's largest refinery. Now he wants to industrialize the entire continent. In a rare interview from his Lagos office, Aliko Dangote — the only African among the world's 100 richest people — talks oil prices, continental ambition, and why he believes no one else will do what he's doing.
Aliko Dangote slashes Nigeria petrol imports to historic low
Aliko Dangote's refinery supplied 92% of Nigeria's petrol demand in February, cutting the country's dependence on foreign fuel to a record low.
Dangote signs $4.2 billion gas deal with China's GCL Group to build East Africa's biggest fertilizer plant
Aliko Dangote has sealed a $4.2 billion, 25-year natural gas deal with China's GCL Group to fuel East Africa's biggest fertilizer plant.
Aliko Dangote's refinery takes control of Nigeria's $10.3B fuel market as government suspends petrol imports
Nigeria suspended petrol import licences for a second straight month, handing Dangote Refinery control of 92% of the country's fuel supply
Elon Musk's $839B fortune leads record Forbes list as global billionaire wealth hits $20.1T
Elon Musk became the wealthiest person ever recorded as global billionaire wealth surged to $20.1 trillion, with Africa's Aliko Dangote holding firm at 86th.
Every Black billionaire in the world in 2026, from Aliko Dangote to Beyonce and Dr. Dre
Forbes 2026 has confirmed Beyonce and Dr. Dre as new billionaires. Here is every black billionaire alive today, ranked.
Dangote Refinery to prioritize Nigeria as oil hits $100
Dangote Refinery says Nigeria will come first on fuel supply, but warned that prices could keep rising as the Middle East war rattles global energy markets.
Aliko Dangote's fertilizer company sees order surge as Iran conflict shuts key global supply route
Orders are piling up at Dangote Fertiliser as the Iran conflict chokes global supply routes, turning Africa's largest urea plant into a lifeline.
Forbes releases its 2026 list of Africa's authentic billionaires as collective wealth hits $126.7 billion
Forbes has released its 2026 Africa billionaires list. The continent's 23 members of the three-comma club added $20.3 billion collectively in a year.
Aliko Dangote's refinery shields Nigeria from global oil shock but Nigerians still feel the pinch
Aliko Dangote's 650,000-barrel refinery absorbed over half of a global crude price surge, shielding Nigeria from the full force of the oil shock.
Aliko Dangote and the War Premium — How the Hormuz Crisis Is Stress-Testing Africa’s Richest Man
Brent past $109, margins collapsing, a third price hike looming, and an IPO that could redefine African capital markets — inside the forces reshaping Dangote’s $32.5 billion empire in real time.
Aliko Dangote pledges $5 million at Dubai hunger auction that raised $24.9 million in one night
Africa's richest man pledged $5 million at a Dubai charity auction raising Dh91.4 million to rescue five million children from hunger.
Dangote Cement sells 10% of Senegal unit to government
Dangote Cement has sold 10% of its Senegal subsidiary to the government in Dakar as revenues at the plant fell 21% in 2025.
Dangote Sugar cuts losses by 73% as revenue surges to $432.6 million in 2025
Dangote Sugar slashed its losses by 73% in 2025 as revenue surged to N665.6 billion, signaling the worst of Nigeria's currency crisis may be easing.
Africa's richest man, Dangote is building a 1,100km offshore gas pipeline to power Nigeria's industrial future
Aliko Dangote is quietly building a 1,100km offshore gas pipeline network to move Niger Delta gas to Nigeria's industries and export hubs.