42 h. ago Dangote reveals N750bn CNG truck investment for petrol distribution

Dangote Petroleum Refinery says it has committed over N720 billion toward the deployment of 4,000 Compressed Natural Gas (CNG)-powered trucks intended for the nationwide distribution of petroleum products. The project, according to company estimate, may result in cost savings exceeding N1.7 trillion annually for Nigerians. The company noted that the initiative will take on fuel […] The post Dangote reveals N750bn CNG truck investment for petrol distribution appeared first on The Sun Nigeria.

Politics

4 d. ago Dangote’s N720bn CNG trucks projected to save Nigeria N1.7trn, empower 42m MSMEs

Dangote Petroleum Refinery has announced a gargantuan investment of N720 billion to deploy 4,000 Compressed Natural Gas (CNG) trucks across Nigeria, a move expected to save the country over N1.7 trillion annually in fuel transportation costs. The company said the initiative is part of its broader plan to cut distribution expenses, ease the burden on […] The post Dangote’s N720bn CNG trucks projected to save Nigeria N1.7trn, empower 42m MSMEs appeared first on The Sun Nigeria.

Politics

5 d. ago ‘Dangote’s Investment Of N720bn On CNG Trucks To Save Nigerians N1.7trn’

Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07 trillion annually in fuel distribution costs. […]

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5 d. ago Dangote’s N720bn CNG drive to save Nigerians N1.7trn, lift 42 million MSMEs

Tribune Online Dangote’s N720bn CNG drive to save Nigerians N1.7trn, lift 42 million MSMEs “Our pipelines have been non-functional for years, yet nothing has been done to revive the infrastructure linking the country’s 21 depots. We've had... Dangote’s N720bn CNG drive to save Nigerians N1.7trn, lift 42 million MSMEs Tribune Online

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9 d. ago Stocks Sustain Gains, Rise By N1.185trn As ASI Crosses 120,000 Points

The Nigerian stock market sustained its upward momentum on Wednesday, , with the All-Share Index (ASI) crossing the significant 120,000-point mark for the first time. This is as the market capitalisation gained  about N1.185 trillion, driven by strong performances from key stocks including Dangote Sugar, Lafarge, and International Breweries. Investors’ interest in stocks like Oando, […]

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9 d. ago Oando, Dangote Sugar, CWG stocks push market higher by 1.22%

….Index crosses 120,000 points Investors’ interest in stocks like Oando, Dangote Sugar Refinery, CWG and other major gainers helped to read more Oando, Dangote Sugar, CWG stocks push market higher by 1.22%

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1 week ago 2024: Dangote Cement spends N13.2bn on CSR, pays N502.6bn as dividends 

Tribune Online 2024: Dangote Cement spends N13.2bn on CSR, pays N502.6bn as dividends  Shareholders of Dangote Cement on Monday were full of praise for the Board, Management, and staff of the company after approving a dividend payout of N502.6 billion, which translates to N30 kobo per share at the 2024 Annual General Meeting, held in Lagos on Monday. In the same vein, the company also significantly increased its social investments by 469.8 […] 2024: Dangote Cement spends N13.2bn on CSR, pays N502.6bn as dividends  Tribune Online

Economics

3 w. ago Tinubu Lauds Dangote Petroleum Refinery On Patriotism, Industrialisation

President Bola Ahmed Tinubu has applauded the founder of the Dangote Group, Aliko Dangote, for his unwavering belief in Nigeria and for making bold investments that have become a cornerstone in the country’s economic transformation. Speaking during a high-profile tour of the Dangote Petroleum Refinery and Petrochemicals complex at the weekend, an event that also […]

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