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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile

Veronika Haulenga

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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile

Veronika Haulenga

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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Aliko Dangote

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Africa

Nigeria’s Dangote Oil Refinery Holds 500 Million Litres of Petrol

  Nigeria's Dangote oil refinery possesses a reserve of 500 million litres of petrol, according to its billionaire founder, refuting assertions from marketers that they require additional imports to address fuel shortages. CNBCAfrica indicates that, in response to the situation, Nigeria's President, Bola Tinubu, convened a meeting on Tuesday in Abuja with oil regulators, the head of the state-owned NNPC, the finance minister, and Aliko Dangote.  

today31 October, 2024 12

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Business / Economics

How Dangote refinery is flipping the script on Africa’s oil

      By Bonface Orucho, bird story agency     Nigeria's Dangote refinery, a 650,000 barrels per day facility, has recently exported its first-ever jet fuel cargo to Europe, a move that signals not just growing production, but Africa's potential to become a major player in the global petroleum market. S&P Global in a report on May 30 explains that Bp, a British multinational oil and gas company, transported […]

today6 June, 2024 54

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Africa

Africa’s billionaire club hits $82.4 billion

Aliko Dangote from Nigeria is Africa's richest person for the 13th year in a row, says Forbes magazine. Even though Nigeria's economy is struggling, Dangote's wealth went up by $400 million last year to $13.9 billion. The Forbes list has 20 billionaires from Africa, worth a total of $82.4 billion. According to the BBC, South Africa, and Egypt have the most billionaires on the list. Johann Rupert from South Africa […]

today6 February, 2024 167

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Business / Economics

Wealth of five richest men doubles since 2020 as five billion people made poorer in “decade of division,” says Oxfam

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power. If current trends continue, the world will have its first trillionaire within a decade but poverty won’t be eradicated for another 229 years. […]

today15 January, 2024 11