US switches stance on Ukraine war, seeking $500bn in payback
A war of words has broken out between Trump and Zelenskyy, while Europe feels the US is no longer a dependable ally.
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$23 billion refinery is the biggest gamble of my life – Dangote
Billionaire businessman Aliko Dangote has described his $23 billion Dangote Refinery as the “biggest risk” he has ever taken
Billionaire businessman Aliko Dangote has described his $23 billion Dangote Refinery as the “biggest risk” he has ever taken, acknowledging the immense challenges involved in bringing the project to completion.
In an exclusive interview with Forbes on Monday, Dangote reflected on the difficulties of executing such a massive venture.
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“It was the biggest risk of my life. If this didn’t work, I was dead,” he admitted.
Despite its record-breaking 650,000 barrels-per-day capacity and status as Africa’s largest refinery, the journey to completion was filled with uncertainties. Dangote faced significant obstacles, including financing difficulties, regulatory challenges, and securing suppliers.
A Vision for Africa’s IndustrializationDangote emphasized his commitment to driving industrial growth across Africa.
“We must build our own nation and continent ourselves, rather than relying on foreign investment,” he stated. He also criticized Africa’s reliance on imported goods, stressing that his refinery is a crucial step toward refining the continent’s crude oil locally, generating wealth, and fostering economic prosperity.
Focus on Nigeria and Future PlansDespite establishing a family office in Dubai and involving his three daughters in various aspects of the business, Dangote remains deeply focused on Nigeria. He dedicates much of his time to overseeing the refinery’s progress, regularly meeting with engineers and managers.
Beyond the refinery, Dangote is pursuing other ambitious projects, including constructing a subsea pipeline to transport natural gas from the Niger Delta to Lagos and expanding the refinery’s fertilizer production capacity.
Looking ahead, he plans to take the refinery public within the next year or two.
“I’ve been fighting battles all my life, and I haven’t lost one yet,” he declared.
A war of words has broken out between Trump and Zelenskyy, while Europe feels the US is no longer a dependable ally.
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New polls from the United States show Donald Trump's approval rating over his handling of Ukraine is just 40% - and that poll was conducted before his latest rants against Volodymyr Zelensky
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The four foot statue of the villainous bird is situated not far away from its rivals Wallace and Gromit and was unveiled by the characters' creator Nick Park
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Republican Senator Susan Collins (R-ME) has announced she will not support President Donald Trump’s nomination of Kash Patel to serve as director of the FBI,
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The draw takes place at the House of European Football on Friday
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'Chelsea are carrying him.'
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December election voided after declassified documents showed suspicions of Russian interference in favour of far-right Nato critic Georgescu.
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National Security Advisor Mike Waltz told Fox News that Ukraine needs to "tone down" its criticism of President Donald Trump and accept an economic deal.
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Sonia's baby will pay special tribute.
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Merseyside Police has launched an investigation following a report that a woman was assaulted near a busy junction in Liverpool city centre during the early hours of Thursday
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JoJo Siwa, who’s currently vacationing in Australia with girlfriend Kath Ebbs, shared if she has plans to make a permanent move to the country.
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The senator said he will finish his term, which expires on Jan. 3, 2027.
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The teenage DOGE employees are running amok through the federal government.
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007 now runs through Amazon. In a historic announcement, Amazon MGM Studios now has creative control over the James Bond franchise.
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The future of James Bond now rests in the hands of Amazon MGM Studios as the series’ longtime producers have ceded creative control of the franchise.
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Twitter (X), Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service
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