Wednesday, October 8, 2025

Dangote

“Liquidity Concerns”: Fitch Downgrades Dangote’s Credit Rating.

 American credit rating agency, Fitch, has announced it downgraded Dangote Industries Limited's (DIL) credit rating to B+ and put it on ratings watch negative, citing concerns about its liquidity and ability to raise money. Dangote Industries, owners of Africa's largest...

“You Did Right Investing in Nigeria”, Peter Obi Encourages Dangote.

The Candidate of the Labour Party in the 2023 Presidential election and former governor of Anambra state, Peter Obi, has reacted to a statement credited to Africa’s richest man, Aliko Dangote, where Dangote was quoted to have said one...

Petroleum Minister Meets Dangote, Kyari, Others to Resolve Ongoing Crisis.

The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, on Monday, met with the Chairman and Chief Executive Officer (CEO) of Dangote Group, Aliko Dangote, Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele...

Dangote Offers to Sell Refinery to NNPCL.

Africa’s richest man and chairman of Dangote group, Alhaji Aliko Dangote, has offered to sell his latest business venture, the Dangote refinery, to the Nigerian National Petroleum Company Limited (NNPCL). The businessman has been in the news lately, accusing...

Dangote Plans 5.3 Billion Litres Fuel Storage.

Alhaji Aliko Dangote, the president of the Dangote Group, has announced plans to increase his refinery's storage capacity by 600 million litres. Dangote made the announcement while delivering a speech at the African Export and Import (Afrexim) bank Annual Meetings and Afri-Caribbean Trade &...
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The US Third-Country Deportation Deal: What It Means for Africa | Africa Update

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