Fitch Stops Rating Dangote Industries, Raising Investor Concerns

While Fitch has stopped monitoring Dangote Industries, other agencies like Moody’s and S&P Global Ratings are expected to continue assessing the company. Fitch Ratings announced on Feb. 11 it will no longer assess Dangote Industries. After keeping the Nigerian conglomerate under negative watch due to refinancing struggles, the credit rating agency has decided to withdraw…

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Viral Video Mischievous, PMS Sold At NNPC Retail Station In Lagos Is Sourced From Dangote Refinery – NNPC

The Nigerian National Petroleum Company (NNPC) Ltd, on Saturday, strongly refuted thefalse and misleading allegations made in a viral video circulating online, which claims that its fuel does not last. A statement by its Chief Corporate Communications Officer, Olufemi O. Soneye, indicated that the assertion is baseless andentirely unfounded, originating from unverified and amateur research…

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