Business Hilights

Tracking Nigeria's Headline Business News Online

Alhaji Aliko Dangote

NNPC mistook Dangote Refinery on products export in 2 years—Experts

The recent claims by the Nigerian National Petroleum Corporation (NNPC) on Tuesday that refined petroleum products from the country would be exported to other countries in the next two years, has raised serious questions.Currently, Nigeria currently imports refined petroleum products…

BrandEscort names BUA Group #9jaSuperBrand Of The Month for September

The management team of BrandEscort has announced BUA Group as its #9jaSuperBrandOfTheMonth for September. BUA Group was nominated for donating an additional sum of N350million to CACOVID (the Central Bank of Nigeria-led private-sector coalition on Covid-19) in September, bringing to…

(Special Report) Understanding Dangote’s diversification advice to Nigerian banks

Reviewing the multifaceted challenges’ facing the global crude oil prices due to the drop in crude oil demand and threatening COVID-19 worldwide, the Chairman, Dangote Group, Alhaji Aliko Dangote had on Wednesday last week urged government and other major stakeholders…

How Dangote’s local content spirit revived ANAMMCO—ABC Transport boss

Fresh facts have emerged on the secrets behind the surprise survival of the hitherto moribund Anambra Motor Manufacturing Company (ANAMMCO), Enugu, which had been the pride of Eastern auto industry commissioned in 1980 by the Federal Government in partnership with…

Dangote Refinery most visited private project by FG officials in 2019—BHIU

A month-by-month analysis of walking visits by top Federal Government officials throughout 2019 has shown that rather than a government project, Dangote Refinery, a private sector driven multibillion dollar scheme was most visited by officials of the Federal Government with…

Dangote, Africa’s wealthiest man ends 2019 with $4.3bn richer

…Moves up to 96th from previous ranking of 103rd billionaire in the world African richest man Aliko Dangote has significantly moved up in the World billionaires’ list as he emerged 96th richest person in the world, with an estimated worth…

Dangote Refinery to save Nigeria’s $10bn annual petroleum products imports—Minister

Ahead of 2023 new deadline for end of refined petroleum imports given recently by the GMD of NNPC, Mr Mele Kyari, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, Sunday disclosed in Lagos that “We are very…

Grassroots wealth creation pushing Dangote Group to rice farming—Edwin

The Group Executive Director and Coordinator of Dangote Rice Project (DRP), Mr. Devakumar Edwin has given fresh insights on why Dangote Group is venturing into large scale rice farming and production. Business Hilights recalls that Dangote Group had in 2014,…

Emulate Dangote’s investment drive—visiting former Ethiopian P’Minister

More African leaders have continued to hail the investment spirit of the president of Dangote Group, Alhaji Aliko Dangote. Latest in the row was the former Ethiopia Prime Minister, Hailemariam Desalegn, who was on a working visit to the emerging…

CSR: Dangote completes, delivers 2,160 bed space students hostels to ABU

Africa’s industrial giant and Chairman of Aliko Dangote Foundation (ADF), Alhaji Aliko Dangote has put paid to his critical intervention in the educational sector by building and donating a fully equipped 2,160 bed space hostel complex to the Ahmadu Bello…