Africa Business Nigeria West Africa World 

Dangote is the most valuable brand in Nigeria for 2020

– – For the third consecutive year, Dangote Group has emerged the Most Valuable Brand in Nigeria, the outcome of the 2020 edition of the Annual Brand Evaluation, “TOP 50 BRANDS NIGERIA” has revealed. A brief summary of the 2020 report reveals that Dangote Group topped the list of the Most Valuable Brand 2020, followed by MTN which also doubled as the Most Valuable Multinational and Telecom Brand. The Dangote Group noted in a statement issued on Sunday that this was coming a year after the brand was named the…

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Africa Business Nigeria West Africa World 

Dangote has world’s largest crude distillation equipment

Dangote has announced that it has taken delivery of the “world’s largest single train crude distillation column” at its Oil Refinery in Nigeria. The company said in a statement on Sunday that “this magnificent engineering masterpiece weighs 2250 MT (excluding internal trays); 112.5 m long; 14m wide and 13.75m tall and can fractionally distill 650,000 Barrels Per Stream Day.” In 2018 Aliko Dangote signed a $650 million loan facility with the African Export-Import Bank (Afreximbank). The loan facility was meant to fund Dangote’s oil refinery project in Nigeria. Dangote industries…

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