Business
FAMILY TIES: 3 Dangote Daughters Take Over Companies As Billionaire Tycoon Steps Back
Aliko Dangote, Nigeria’s most prominent businessman and Africa’s richest individual, has increasingly involved his three daughters in his business empire – a move seen as both a sign of succession planning and a commitment to family legacy.
Nigerian billionaire Aliko Dangote, estimated by Bloomberg to be worth $28.5bn as of 28 July, has quietly begun stepping back from boardroom duties.
In June, the 68-year-old businessman retired from the board of Dangote Sugar Refinery.
Last Friday, he also stepped down as chairman of Dangote Cement, the crown jewel of his conglomerate, before the launch of his $20bn oil refinery.
He has been replaced at Dangote Cement by Emmanuel Ikazoboh, a former chair of Ecobank Transnational Incorporated, who joined the cement group in 2014.
Mariya Dangote – Dangote Cement, Dangote Sugar, DPAN
His eldest daughter, Mariya Dangote, has now joined the board of Dangote Cement. According to a company statement, her appointment is intended to help the business remain “agile and well positioned for long-term value creation”. Her “cross-functional expertise and understanding of strategic operations” were cited as key assets.
Mariya became executive director of operations at Dangote Sugar Refinery in 2022, after overseeing strategic planning, backward integration projects and digital transformation efforts since 2019. She had previously worked as a business strategy and risk specialist at Dangote Industries Limited (DIL), the group’s holding company, joining in 2016 shortly after completing an MBA at Coventry University in the UK.
She also serves on the board of Dangote Peugeot Automobiles Nigeria, which manufactures and markets Peugeot vehicles locally.
With Mariya’s appointment, two of Dangote’s daughters now sit on the board of Dangote Cement, Nigeria’s third-largest listed company, valued at N8.34trn ($5.4bn) as of 28 July.
Halima – Dangote Cement, DIL, NASCON, Family Office
Halima Dangote was appointed to the Dangote Cement board in early 2022, shortly after the death of her uncle, Sani Dangote, who also served as vice president of DIL. She has been a group executive director at DIL since 2019 and previously led a turnaround at Dangote Flour Mills, culminating in its sale to Singapore’s Olam Group.
Between 2014 and 2016, she was an executive director at NASCON Allied Industries, another DIL subsidiary, and continues to sit on its board in a non-executive capacity.
In 2023, Halima was tasked with establishing and running the Dangote Family Office in Dubai. She is also a trustee of the Aliko Dangote Foundation, the group’s philanthropic arm.
Fatima – DIL, NASCON
Fatima Dangote, the youngest of the three, is group executive director for commercial operations at DIL. She oversees commercial strategy, communications, procurement and administration across the group. Earlier roles included working as a technical specialist in the strategy unit and as an executive assistant to the director of business development and portfolio management.
Speaking to The Africa Report last year, she underlined Dangote Industries’ push to domesticate sugar production. “Nigeria is importing 90% of the sugar requirement. The homegrown sugar is still less than 10%,” she said. “However, with the aggressive implementation of the Backward Integration Programme, Dangote will be able to reduce its dependence on imports soon.”
She has sat on the board of NASCON Allied Industries since 2023 and previously served as executive director from 2016, during which she oversaw the company’s commercial sales, marketing, logistics and branding strategies.
My three daughters, Mariya, Halima and Fatima, are all senior executives at the group, and I can tell you for a fact that they are critical to the success of our business
Fatima is also closely involved with the Aliko Dangote Foundation and regularly appears alongside her father at public events. In a CNN interview last year, she described him as “extremely hardworking”.
Asked whether he was demanding as a parent, she replied: “A bit hard. I think he expects so much more from us compared to other people, and when you have a father like him, nothing but perfection is acceptable, then you have to work extra…”
Expansion continues across core sectors
While stepping back from the cement business, Dangote has signalled a renewed focus on his group’s energy and industrial ventures. The conglomerate has recently launched a $2.5bn fertiliser plant in Lagos and brought its 650,000-barrels-per-day refinery in 2024. Last November, it reopened its tomato processing plant in Kano.
In a statement, DIL said Dangote would now concentrate on the refinery, fertiliser and petrochemical operations, as well as on government relations.
Earlier this month, he announced plans to more than double output at the fertiliser plant by 2028 and to boost refinery capacity to 700,000 barrels per day. He also revealed plans to develop what he described as “Nigeria’s largest deep-sea port” to support exports of the group’s energy and industrial products, adding that the new port would “become an anchor for our liquefied natural gas, fertilisers and fuels”.
Outside Nigeria, DIL has signed a $3bn agreement with the Ethiopian government to build a fertiliser plant in Gode, in the Somali Region.

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‘They are critical to the success of our business’
At a 2019 event in Lagos, Dangote highlighted the contribution of his daughters to the group.
He credited his entrepreneurial outlook to his mother, whom he described as “a strong business-minded woman” who nurtured his ambition. “My three daughters, Mariya, Halima and Fatima, are all senior executives at the group, and I can tell you for a fact that they are critical to the success of our business,” he said.
Business
Dangote Refinery Fixes Petrol Price in New Pricing Template
Dangote Petroleum Refinery has fixed the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, at $0.779 per litre as it officially transitioned to a dollar-denominated pricing system for refined petroleum products.
The new pricing template, which took effect on Monday, July 13, 2026, also pegs Automotive Gas Oil (diesel) at $1.087 per litre and aviation fuel at $0.942 per litre, while coastal deliveries of petrol have been priced at $1,044.62 per metric tonne.
The move effectively ends naira payments for petrol, diesel and aviation fuel purchased from the refinery, marking a significant shift from the naira-based transactions introduced under the Federal Government’s naira-for-crude policy, which commenced on October 1, 2024.
In a notice to petroleum marketers and customers, the refinery said all previously issued naira-denominated Proforma Invoices (PFIs) and Deal Recaps for both gantry and coastal transactions had become invalid.
The notice, signed by the refinery’s Group Commercial Operations, stated: “Following our email of July 9, 2026, regarding the transition from naira to United States dollars (USD), please note that all issued naira coastal and gantry PFIs/Deal Recaps are now invalid, and no payments should be made against them.
“The applicable USD prices for each product, effective today, July 13, 2026, are provided below.”
Under the revised pricing template, petrol sold through the gantry will cost $0.779 per litre, diesel $1.087 per litre, aviation fuel $0.942 per litre, while coastal PMS supplies will sell for $1,044.62 per metric tonne.
The refinery, however, clarified that the transition does not affect Liquefied Petroleum Gas (LPG) transactions.
“Also note that this transition to USD does not apply to LPG transactions,” the notice added.
Industry sources said the change was necessitated by an increasing mismatch between the currency used to purchase crude oil and the currency in which refined products were being sold.
According to one source familiar with the development, Dangote Refinery now receives a significant portion of its crude oil from the Nigerian National Petroleum Company Limited (NNPCL) under dollar-denominated supply arrangements, while a large volume of refined products has continued to be sold domestically in naira.
The source said the imbalance had heightened the refinery’s exposure to foreign exchange risks.
Another industry official explained that the refinery had received fewer crude cargoes under the naira-for-crude arrangement in recent months, making it commercially necessary to align product sales with the currency used for crude procurement.
“Dangote Refinery is receiving fewer naira-denominated crude cargoes from NNPCL than dollar-denominated cargoes, while a larger volume of its petroleum products has been sold in naira.
“The resulting currency mismatch, combined with volatility in international crude oil prices and continued exchange-rate uncertainty, made it necessary to migrate product sales to dollars,” the source said.
The development is expected to have far-reaching implications for petroleum marketers, many of whom source products directly from the refinery for nationwide distribution.
It also raises fresh questions about the future of the Federal Government’s naira-for-crude initiative, which was introduced to strengthen domestic refining, reduce pressure on foreign exchange demand and help stabilise fuel prices.
Although the refinery has fixed a dollar benchmark for product sales, the retail pump price of petrol across the country will continue to depend on several factors, including the prevailing naira-dollar exchange rate, international crude oil prices, transportation and logistics costs, regulatory charges and marketers’ margins.
With Dangote Refinery now accounting for a substantial share of Nigeria’s refined petroleum supply, industry stakeholders are expected to closely monitor how the new pricing regime influences fuel prices and competition in the deregulated downstream petroleum market.
Source: Tribune
Business
Nigeria Strengthens Maritime Leadership as Fadahunsi Emerges Vice Chairman of Eastern Atlantic Hydrographic Commission
The Hydrographer of the Federation and Chief Executive Officer of the National Hydrographic Agency (NHA), Rear Admiral OO Fadahunsi, has been elected Vice Chairman of the Eastern Atlantic Hydrographic Commission (EAtHC) for the 2026–2028 term, further reinforcing Nigeria’s growing influence in regional and global maritime governance.
Rear Admiral Fadahunsi’s election was confirmed on Friday, 3 July 2026, during the ongoing EAtHC Conference in Abidjan, Côte d’Ivoire, where member states endorsed his emergence to one of the commission’s most strategic leadership positions.
Established on 26 November 1984 under the auspices of the International Hydrographic Organization (IHO), the Eastern Atlantic Hydrographic Commission was founded by France, Nigeria, Portugal and Spain. Over the past four decades, the commission has expanded significantly, comprising 11 member states, 10 associate members and six observers committed to promoting hydrographic excellence across the Eastern Atlantic region.
The commission plays a pivotal role in advancing hydrography, nautical cartography and maritime safety through capacity-building initiatives, the development and implementation of International (INT) Charts and Electronic Navigational Chart (ENC) schemes, improved hydrographic surveys, enhanced charting standards, effective dissemination of nautical information and sustained advocacy on the importance of hydrography to regional maritime development.
Since its inaugural conference in Paris, France, in April 1986, the EAtHC has convened biennially to strengthen collaboration among member states and chart the future of hydrographic development.
In another significant endorsement of Nigeria’s expanding maritime profile, the country has been selected to host the next EAtHC Conference in June 2028. Nigeria will also host the 25th Meeting of the Capacity Building Sub-Committee (CBSC25) and the 19th Meeting of the Inter-Regional Coordination Committee (IRCC19) in June 2027, positioning the country at the centre of major international hydrographic engagements.
Rear Admiral Fadahunsi’s election is widely regarded as a testament to Nigeria’s sustained investment in hydrographic development, maritime safety and regional cooperation. It also reflects growing international confidence in the National Hydrographic Agency’s contributions to safer navigation, marine resource management and the blue economy.
As Nigeria prepares to welcome leading hydrographers, maritime regulators and technical experts from across the world over the next two years, the country is poised to consolidate its reputation as a key driver of hydrographic innovation and maritime security in the Eastern Atlantic region.
Business
Canada Publishes 2 Official Websites to Find Jobs, Says Over 2,000 Vacancies Are Posted Daily
Canada has made it easier for unemployed individuals and foreigners who wish to live and work in the country to find jobs that can help them live comfortably and meet their basic responsibilities.
On the official Canadian government website, two links are provided to websites where job seekers can find available jobs in Canada
According to the Canadian government website, applicants who apply for jobs through these platforms can get hired by different companies, as more than 2,000 jobs are posted every day.
Aside from these two websites, the Canadian government explains that individuals can also use employment agencies to help them find jobs that match their skills.
A job seeker can also ask friends or family members if there are job openings or vacancies, as not all positions are advertised on these websites.
1. Job Bank
The Canadian government explains that thousands of jobs are advertised on this platform every day by organisations and companies. The link to access the website can be found in the detailed post published on the Canadian government website.
2. Jobs GC
Another website where foreigners who wish to work in Canada or Canadian citizens can find government jobs is the Jobs GC website. Federal public service jobs are advertised on the website, alongside several other opportunities that may match an applicant’s skills.

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