Tinubu meets oil regulator chief after Dangote's allegations
President Tinubu held a private meeting with NMDPRA CEO Farouk Ahmed following explosive allegations by Aliko Dangote of corruption and economic sabotage in Nigeria's oil sector.
Category : Search result: Aliko Dangote Africa business
NMDPRA, NUPRC Chiefs Resign After Dangote's Allegations
President Tinubu seeks Senate confirmation for new oil sector chiefs after Farouk Ahmed and Gbenga Komolafe resign. The move follows Aliko Dangote's public allegations of multi-million dollar school fees payments. Read the full details.
Farouk Ahmed Resigns as NMDPRA Boss, Tinubu Nominates Successor
President Tinubu nominates new NMDPRA CEO after Farouk Ahmed's resignation amid Dangote's allegations. Get the full details on the leadership shake-up in Nigeria's oil sector.
Man Confirms Dangote's N739 Fuel Price, Posts Receipt
A Nigerian man visited an MRS station in Lagos to verify Dangote's new petrol price of N739 per litre. He shared a video and receipt, showing significant savings. Read his story and public reactions here.
Yusuf lauds Dangote's 25% wealth pledge to charity
Kano Governor Abba Yusuf applauds Aliko Dangote's historic 25% wealth charity pledge and N100bn education support. Details on Kano's education reforms and partnership goals.
Musk's Net Worth Soars, Nigerian Billionaires Gain in Global Rankings
Elon Musk's wealth surges to a historic $648bn as SpaceX valuation doubles. Nigerian billionaires Aliko Dangote and Abdulsamad Rabiu also climb global rankings, reflecting growth in Nigeria's industrial sector. Read the full analysis.
Farouk Ahmed Denies Dangote Allegation Response
NMDPRA Chairman Farouk Ahmed denies issuing a statement on Aliko Dangote's corruption allegations, thanks him for formal petition. Nigerians demand his suspension. Full details inside.
Dangote Accuses NMDPRA Boss, Petitions ICPC Over $5M Fees
Aliko Dangote petitions ICPC, alleging NMDPRA CEO Farouk Ahmed paid $5m in school fees. A social media user explains the clash stems from refinery policy constraints. Read the full story.
Dangote Accuses NMDPRA Boss of $5M Corruption
Aliko Dangote accuses NMDPRA's Farouk Ahmed of corruption, alleging $5 million spent on children's school fees. Nigerians react as the billionaire's public composure cracks. Full story inside.
NMDPRA Chief Disowns Viral Statement on Corruption Allegations
NMDPRA boss Engr Farouk Ahmed denies authorising a viral defence against corruption claims. He opts for institutional probe over public brickbat as ICPC reviews Dangote's petition.
MRS Petrol Price Drops to N739 After Dangote Cut
MRS filling stations in Lagos slash petrol price to N739 per litre following Dangote Refinery's gantry price reduction, sparking motorist relief and a fierce industry debate over market stability.
NMDPRA CEO Denies Statement, Faces ICPC Probe Over Fees
NMDPRA CEO Farouk Ahmed denies issuing a statement on his children's foreign school fees as Dangote petitions ICPC. The House of Representatives also launches a probe. Get the full story.
Baze University Wins 2025 CGMA Business Leader Challenge
Baze University, Abuja, has won the 2025 CGMA Business Leader Challenge, defeating Covenant and Thomas Adewunmi University. Read about their victory and the competition's goals.
ICPC to Investigate NMDPRA Boss After Dangote Petition
The ICPC confirms receipt of Aliko Dangote's petition against NMDPRA CEO Farouk Ahmad and pledges immediate investigation into the corruption allegations.
Dangote Petitions ICPC Over NMDPRA Chief's $7M Fraud
Aliko Dangote petitions ICPC, alleging NMDPRA MD Ahmed Farouk paid $7M for children's Swiss education. Calls for arrest and prosecution. Read the full details.
Tinubu Told to Sack Buhari's Appointee Over Dangote's Claims
Civil society groups demand President Tinubu act swiftly to remove NMDPRA CEO Farouk Ahmed following Aliko Dangote's corruption allegations involving millions in school fees. Full story.
Activist Demands Tinubu Suspend NMDPRA CEO After Dangote Claim
Political activist Timi Frank calls on President Tinubu to suspend NMDPRA's Farouk Ahmed for a probe into a $5 million school fees allegation raised by Aliko Dangote. Read the full details and implications for Nigeria's anti-corruption fight.
CSOs Defend NMDPRA Against Dangote's Allegations
A coalition of Civil Society Organisations has defended the NMDPRA against claims of undermining regulatory independence. They absolve CEO Farouk Ahmed of corruption, citing his adherence to the PIA. Read the full story.
NANS, CSOs Seek End to Dangote, NMDPRA Boss Rift
Nigerian students and civil society groups call for collaboration between Aliko Dangote and NMDPRA's Farouk Ahmed, warning against media wars that threaten national stability. Read their full statement.
Activist Demands Probe of NMDPRA CEO Over Corruption Claims
Political activist Timi Frank calls on President Tinubu to suspend NMDPRA CEO Farouk Ahmed for investigation following Aliko Dangote's $5 million corruption allegation. Read the full story.
SIAO Partners: Navigating Nigeria's Business Challenges
Discover how SIAO Partners, led by Abiodun Ariyibi, provides expert audit, tax, and advisory services to help Nigerian businesses achieve sustainable growth despite regulatory and economic hurdles.
Dangote Debunks Trump Feud Rumours, Cites US Crude Supply
Aliko Dangote dismisses rumours of US President Trump's opposition to his refinery, revealing it buys 100 million barrels of crude annually from America. Get the full story.
Dangote: Oil Mafia Steals $82M, Sabotages Refinery
Aliko Dangote reveals a powerful cartel stole $82 million from his refinery, alleging sabotage worse than drug mafias. He calls for action against local and international saboteurs.
Dangote Pledges More Petrol Price Reductions, Ends Fuel Queues
Aliko Dangote commits to lowering petrol prices to compete with imports, declares an end to Nigeria's fuel queues, and reveals plans to expand his refinery to 1.4 million barrels daily by 2028.
Dangote: Fuel Queues Gone Forever, Refinery to Expand
Aliko Dangote assures Nigerians of stable fuel supply this Christmas and reveals plans to make Dangote Refinery the world's largest by 2028. Read the full details.
Africa's Leaders Converge for GAH Awards & Business Summit
Ooni of Ife, ministers, governors & titans of industry gather in Lagos for the 13th GAH Awards & Business Summit to 'reimagine Africa' through innovation and sustainable growth. Join the movement.
Kaduna Emerges Second-Best State for Business in Nigeria
Kaduna State scores 65.1% in PEBEC's 2025 Ease of Doing Business ranking, becoming Nigeria's second-most attractive investment destination. Discover the top states.
Dangote: Fuel Queues Gone Forever, Christmas Supply Assured
Aliko Dangote assures Nigerians of stable petrol supply during Christmas and reveals plans to make his refinery the world's largest by 2028. Read the full details.
Dangote Aims to Make Nigeria Top Fertiliser Producer by 2028
Aliko Dangote reveals plans to quadruple urea production, positioning Nigeria as the world's leading fertiliser exporter. He urges African investors to drive continental growth.
Dangote Refinery Slashes Diesel Price to N910/Litre
Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.
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