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High Expectations as Dangote Breaks NNPC’s Monopoly, Shrinks EU Supply to Africa
- Tetracore commissioned Phase 2 of its AutoGas CNG supply network, including a mobile refueling unit, at Dangote Cement Plant in Ogun State to support Dangote's CNG-powered trucks.
- This development builds on a strategic partnership aligned with Nigeria’s national CNG initiatives and President Tinubu’s Renewed Hope Agenda to advance cleaner and sustainable energy use.
- Tetracore’s network delivers 400,000 SCMD daily capacity with the mobile unit adding 50,000 SCMD, fueling Dangote’s expanding fleet and other regional users to encourage nationwide CNG adoption.
- Project lead Engr. Masud Abdulmujeeb Akajewole stated this commissioning reaffirms Tetracore’s commitment to Nigeria’s gas utilization by bridging energy gaps with practical innovative solutions.
- The partnership supports Nigeria’s transition to cleaner fuels and enhances logistics efficiency, marking a vital step toward reducing environmental impact and promoting sustainable transport.
14 Articles
14 Articles
Dangote Cement Sells N100bn Commercial Paper to Investors
By Aduragbemi Omiyale Leading cement company in Nigeria, Dangote Cement Plc, is offering commercial paper worth N100 billion for sale to investors. Subscription for the exercise commenced on Tuesday, June 10, 2025, and will close on Friday, June 13, 2025, according to details of the proposed transaction. The cement giant is selling the debt instrument […]
Dangote Cement's N100bn Offer Closes Friday - InsideBusiness - Business News in Nigeria
The subscription window for Dangote Cement’s N100 billion commercial paper is scheduled to close on Friday, June 13, 2025. Dangote Cement Plc launched a new round of fundraising through the issuance of commercial papers worth up to N100 billion, offering investors yields as high as 24.5 per cent. The offer, which opened earlier this week under the company’s existing N300 billion Commercial Paper Programme, is designed to support its short-term w…
Dangote Cement Opens N100 Billion Commercial Paper Issuance » News.ng
Dangote Cement Plc has launched a new round of commercial papers worth ₦100 billion for subscription, according to details contained in its offering circular. The issuance, which comprises Series 19, 20, and 21, is part of the company’s broader ₦300 billion Commercial Paper Issuance Programme, unveiled on Tuesday. Proceeds from the commercial paper issuance are expected to support the company’s short-term funding needs, primarily for working cap…
Fueling Fraud: Dangote Workers, Indian National Docked Over N4bn AGO Diversion
Segun Atanda/ An Indian national, Tukur Shamsudden, and 12 others have been arraigned by operatives of the Police Special Fraud Unit (PSFU), Ikoyi, Lagos, for allegedly diverting Automotive Gas Oil (AGO), popularly known as diesel, worth over N4 billion belonging to Dangote Industries Limited. The defendants were arraigned before Justice Deinde Dipeolu of the Federal […] The post Fueling Fraud: Dangote Workers, Indian National Docked Over N4bn A…
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