Prominent human rights lawyer and senior advocate, Femi Falana, has revealed why former President Umaru Yar’Adua cancelled the sale of the Port Harcourt refinery to a consortium led by Dangote Oil. Falana described the reversal as a critical step to address the legal and ethical breaches surrounding the transaction and to protect Nigeria’s national interest….
Aliko Dangote, Africa’s richest man, has seen his wealth more than double to $28 billion following the long-awaited opening of his Nigerian oil refinery, according to the Bloomberg Billionaires Index. The refinery is the world’s largest single-train facility, capable of processing a broad range of global crude types. It represents a monumental investment for Dangote,…
President and Chief Executive of Dangote Group, Aliko Dangote, has expressed regrets for not buying Premier League Club, Arsenal FC when he had the chance. Dangote made his regrets known in an interview with Bloomberg’s Francine Lacqua in New York. He recounted that in 2020, he made known his intention to go for the North…
Recent documents have revealed that Sayyu Dantata, the half-brother of billionaire Aliko Dangote, is among the marketers importing fuel into Nigeria from Malta. Dantata, who owns MRS Oil & Gas Co. Limited, has been implicated in the ongoing controversy surrounding fuel imports from the European country. The revelations come after similar findings about Matrix Energy…