President of Dangote Industries Limited, Aliko Dangote, on Monday sounded the gong at the Nigerian Exchange to formally open the N2.15tn Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals.…
The Securities and Exchange Commission has directed capital market operators to immediately halt all promotional activities relating to a purported initial public offering by Dangote Petroleum Refinery and Petrochemicals FZE,…
By Nduka Uzuakpundu IT appears eerily quiet, for now, in the petroleum sector of the Nigerian economy. The recent dust raised by the heated disagreement between the Dangote Group, headed…
The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, has filed a formal corruption petition against former Managing Director of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at…
Professor Kailani Mohammed has publicly retracted comments he made about Nigerian industrialist Aliko Dangote and tendered an unreserved apology following legal action threatened against him over the remarks. The apology…
By NAN The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has asked Aliko Dangote to appear before its panel of crack investigators on Monday in Abuja over a…
Nigerian Bar Association (NBA) has called for an investigation into the allegations of corruption made against the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk…
Political activist Comrade Timi Frank has welcomed the resignation of Engr. Farouk Ahmed, the former CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), but insisted that the…