For the seventh consecutive years, Dangote Industries Limited, has again emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others. The latest report of the TOP 50 BRANDS NIGERIA® rankings, an annual celebration of the most influential and valuable brands in the country, revealed this. Dangote […]

The Economist Intelligence Unit, EIU, has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum Refinery and Petrochemicals could jeopardise Nigeria’s economic recovery and put additional pressure on the naira. The research and analysis division of the Economist Group said the Dangote refinery which began production in January has encountered […]

Our attention has been drawn to media reports alleging that the Dangote Refinery has backtracked by acknowledging that NNPC supplied about 60% of the 50 million barrels we lifted.  To clarify, we have never accused NNPC of not supplying us with crude. Our concern has always been NUPRC’s reluctance to enforce the domestic crude supply […]

Strong earnings prospects from the new refinery GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of Dangote Industries Funding Plc’s Series […]

“Import dependence is equivalent to importing poverty and exporting jobs; no power, no growth, no prosperity; similarly, no affordable financing, no growth, no prosperity and there is no industrialization without protection.”

In the wake of the revelation by the Dangote Group on its frustration in accessing crude oil, Nigerians on social media have called out International Oil Companies (IOCs) on sabotaging the process. Civil Society organisations, Nigerian students and social media users have expressed their displeasure, stating that the Federal Government must protect the Dangote refinery […]