A lobby of oil traders have seized on proposals introduced by legislators that they say will unduly benefit Aliko Dangote Nigeria's wealthiest businessman...

The downstream sector also faces radical change with a deluge of new refineries due to start up over the next three years by billionaires Aliko Dangote and Abdul Rabiu fresh investment to rehabilitate the four domestic refineries and several other private sector-sponsored projects...

The reach of Aliko Dangote dominant in cement production and agribusiness is to extend to heavy industry with the launch a 650 000 barrel-a-day refinery fertiliser and petrochemicals plant in Lagos state early next year...

This is despite the plans of Aliko Dangote Africa's richest man to launch operations at his 650 000 bpd refinery near Lagos next year...

Forbes-listed billionaires and captains of industry Aliko Dangote Folorunso Alakija Femi Otedola Herbert Wigwe Tony Elumelu and Ibukum Awosika have offered billions of naira in donations to help speed up medical outreach and facilities...

Billionaires such as Aliko Dangote Tony Elumelu and Folorunsho Alakija are contributing funds for testing kits ventilators and building more ICUs...

Nigeria's cement magnate Aliko Dangote is building a US$12billion plant outside Lagos to refine some 650 000 barrels a day of oil and producer fertilisers and petrochemicals...

Depending on when it begins production possibly not until 2021 magnate Aliko Dangote's planned 650 000 b/d oil refinery could help start a revolution in the Nigeria oil value chain...

The Dangote Group owned by Africa's richest man Aliko Dangote is building a $10 bn...