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Akanni added story in Current Affairs / News
2026-01-10 09:06:57

$5 Million School Fees Scandal: Why EFCC Is Investigating Ex-NMDPRA Boss Farouk Ahmed After Dangote’s Petition

Is Nigeria’s anti-graft agency uncovering another high-profile case of illicit enrichment in the oil and gas sector? The Economic and Financial Crimes Commission (EFCC) has launched a formal investigation into Farouk Ahmed, former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), following a petition submitted by billionaire industrialist...

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Faith02 added story in Current Affairs / News
2025-06-12 09:28:02

Aliko Dangote Retires as Chairman of Dangote Sugar After 20 Transformative Years

In a major development that signals the end of an era in Nigeria’s corporate landscape, Aliko Dangote, Africa’s richest man and one of the continent’s most influential industrialists, has officially retired as Chairman of the Board of Dangote Sugar Refinery Plc. The announcement was made public today, marking the conclusion of a 20-year leadership journey that saw Dangote...

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Abu added story in Biography
2026-02-14 19:02:38

Aliko Dangote: The Industrial Giant Who Built Africa’s Business Empire

Aliko Dangote is the richest man in Africa and one of the most influential business figures on the continent. Known for building the largest industrial conglomerate in West Africa, he has transformed key sectors such as cement, sugar, flour, and oil refining. His story is widely regarded as one of the greatest entrepreneurial journeys in modern African history. Early Life and Background Aliko...

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Ade added story in Biography
2026-02-18 15:33:00

ALUKO DANGOTE: Nigerian business man

Aliko Dangote Aliko Dangote is one of Africa’s most influential businessmen and a symbol of industrial ambition on the continent. Born on April 10, 1957, in Kano State, Nigeria, Dangote grew up in a wealthy Muslim family with strong business roots. His great-grandfather, Alhaji Alhassan Dantata, was one of the richest men in West Africa during his time, known for trading in kola...

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Chinny added story in Current Affairs / News
2025-09-12 03:23:56

BREAKING: NUPENG Reinforces Barricade at Dangote Refinery, Blocks Non-Union Trucks

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has reinforced its blockade at the Dangote Refinery, stopping trucks without official union stickers from loading fuel at the facility. The action, which began on Thursday, followed what the union described as a flagrant breach of an earlier resolution between NUPENG and the Dangote Group over the recognition of...

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Nexus added story in Current Affairs / News
2025-06-13 03:38:22

DANGOTE ANNOUNCES RETIREMENT AFTER 20 YEARS, APPOINTED NEW CHAIRMAN

Aliko Dangote has announced his retirement as Chairman of the Board of Dangote Sugar Refinery Plc after 20 years of leadership of the company. His retirement takes effect from June 16, 2025, according to a statement signed by the company’s secretary, Temitope Hassan, on Wednesday. Dangote, who has been at the helm of leadership since 2005, is credited with steering Dangote Sugar into a...

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Akanni added story in Current Affairs / News
2025-11-25 15:36:31

Dangote Picks Honeywell to Help Fulfill Expansion Plan

November 25, (THEWILL) — Dangote Refinery has tapped Honeywell International Inc. to open new tab to provide services and help double its refining capacity to 1.4 million barrels per day by 2028. Analysts describe this as the clearest indication that Dangote’s Plans to become the world’s largest petroleum refinery are bearing fruit. Reuters reports that the...

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Abu added story in Current Affairs / News
2025-09-15 03:03:26

Dangote Refinery Faces Allegations of Selling Petrol Cheaper Abroad Than in Nigeria

Fresh controversy is brewing in Nigeria’s downstream oil sector as some fuel importers and marketers accuse the Dangote Refinery of selling petrol at cheaper rates to international buyers than to local marketers. According to Sunday PUNCH, the Depot and Petroleum Product Marketers Association of Nigeria (DAPPMAN) and the Petroleum Products Retail Outlet Owners Association of Nigeria...

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Abu added story in Current Affairs / News
2025-09-27 04:12:05

Dangote Refinery, PENGASSAN Clash Over Sack of Workers

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has accused the Dangote Petroleum Refinery of unlawfully sacking about 800 Nigerian workers for joining the union, while retaining over 2,000 Indian expatriates. PENGASSAN’s General Secretary, Lumumba Okugbawa, claimed the dismissals came immediately after the workers completed their unionisation process,...

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Heisjackson added story in Current Affairs / News
2025-06-07 06:47:02

Dangote, Rabiu, Mutfwang Call for Unity, Endorse Tinubu’s Reform Agenda During Eid-el-Kabir Visit

As Muslims across Nigeria joined the global community in celebrating Eid-el-Kabir on Friday, several high-profile figures, including industrialists Aliko Dangote and Abdulsamad Rabiu, Defence Minister Mohammed Badaru Abubakar, and Plateau State Governor Caleb Mutfwang, paid Sallah homage to President Bola Tinubu at his Ikoyi residence in Lagos. During the visit, they emphasized the need for...

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Usman added story in Current Affairs / News
2025-09-26 11:34:45

Falana Faults Dangote Refinery Over Workers’ Union Rights, Insists on Automatic Membership for Junior Staff

LAGOS — Human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has criticised the agreement reached between the Federal Government, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), and the management of Dangote Refinery and Petrochemicals on staff unionisation, arguing that it violates existing labour laws. Falana made his position known while...

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Ruby added story in Current Affairs / News
2025-06-15 14:26:46

Fuel scarcity looms as tanker drivers down tools at Dangote Refinery.

The association accused the Lagos State government of ignoring its plea to review the fee down to N2,500 per truck—an amount NARTO says reflects economic realities. Nigeria could face a fresh wave of fuel scarcity if a brewing standoff between the National Association of Road Transport Owners (NARTO) and the Lagos State Government isn’t resolved in the next 24 to 48 hours. NARTO has...

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SADIQ added story in Current Affairs / News
2025-06-17 14:10:35

Oil Marketers Raise Alarm Over Dangote’s Direct Fuel Distribution, Warn of Job Losses

Oil marketers under PETROAN have expressed deep concern over the Dangote Refinery’s plan to begin direct fuel distribution across Nigeria by August, warning it could wipe out thousands of jobs and create a monopoly. Speaking on The Morning Brief on Channels Television, PETROAN President Billy Gillis-Harry urged the Federal Government and regulators, particularly the NMDPRA, to enforce the...

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Ruby added story in Sem Categoria
2025-07-10 11:22:29

4 African Billionaires Now Richer Than Half of the Continent

‎A report by the anti-poverty organization Oxfam reveals that just four individuals in Africa possess more combined wealth than the poorest half of the continent’s population, approximately 750 million people. ‎These four billionaires in Africa hold around $57.4 billion between them, underscoring an extreme concentration of wealth that undermines economic growth, strains public...

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