Aliko Dangote, President of Dangote Group, has announced plans to commit more than $10 billion to Africa’s power sector over the next three to four years, potentially marking a major expansion of the conglomerate’s involvement in the continent’s energy infrastructure. The proposed investment comes as electricity shortages continue to constrain economic activity across much of […]
Nigerians can now take a direct equity position in one of the country’s biggest industrial projects with as little as ₦5,250, following the opening of the initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE. The offer, which opened on September 14, 2026, comprises 4.1 billion ordinary shares priced at ₦525 each. The […]
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Nigeria’s renewed drilling activity is yet to translate into the kind of sustained crude oil production growth that would significantly strengthen government revenue, foreign-exchange earnings and the country’s position in the global oil market. The latest figures point to a more complicated picture than simply a shortage of rigs. While drilling activity has continued over […]
