LAGOS MAY 23RD (NEWSRNAGERS)-The chairman of Dangote Group, Aliko Dangote, has revealed that the federal government makes 52 kobo from every N1 generated from the production and sale of Dangote Cement. Dangote disclosed this on Wednesday at the 2025 Taraba International Investment Summit, with the theme: ‘Unlocking Taraba’s Investment Potentials, Advancing Agriculture, Energy, Mining, and…
LAGOS APRIL 13TH (NEWSRNAGERS)-On his birthday, Nigerian business mogul and Africa’s richest man, Aliko Dangote’s net worth has increased again. According to data from Forbes, Dangote’s wealth jumped by $6 million ( over N9.53 billion) on Thursday, April 10. Dangote is now worth $23.5 billion and ranks as the 80th richest man in the world,…
LAGOS MARCH 30TH (NEWSRANGERS)-Nigeria’s wealthiest businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola, have emerged as the only Nigerians on the 2025 ‘Africa’s Billionaires List’ compiled by Forbes, which was released on Saturday. Once again, Dangote topped the list for the 14th consecutive year, with an estimated net worth of $23.9 billion, up…
LAGOS MARCH 16TH 9NEWSRANGERS)-The price war in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at its loading gantry, reducing the loading cost of its petrol from N825 per litre to N815 per litre. It was gathered that the new pricing structure introduced on Thursday was…
LAGOS MARCH 3RD (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC) has announced a reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to N860 per litre. This decision comes amid an intensifying price war among major marketers and independent petroleum dealers, as well as fluctuations in global crude oil prices….
LAGOS FEBRUARY 28TH (NEWSRANGERS)-Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025. Under the new arrangement, buyers in Lagos would purchase fuel at N860 per litre at MRS outlets….
LAGOS JANUARY 2ND (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPCL) has extended an invitation to former President Olusegun Obasanjo for a tour of the Port Harcourt Refinery to verify its operational status. This development follows Obasanjo’s recent interview with Channels Television, where he cited advice from Shell Petroleum Development Company (SPDC) suggesting the refinery would…
LAGOS SEPTEMBER 14TH (NEWSRANGERS)-Partners for the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) have begun to emerge with the Nigerian Content Development and Monitoring Board (NCDMB), Emadeb Group and Dangote Group leading the train of partners for the event slated for Thursday, October 3, 2024 at the Reverton Hotel, GRA Lokoja,…