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    UK Court awards £20m Damages in favour of Nigeria against P&ID

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    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

    Onitsha River Port receives first container barge for 2025 season

    Onitsha River Port receives first container barge for 2025 season

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    WAEC releases 2025 WASSCE results, how to check yours

    President Buhari commissions the new US$100m Ultra-modern MMIA Terminal

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    Weekly Market Report: NGX rose 0.48% as Conoil shareholders lose 18.89%

    Conoil Plc reports 88.8% drop in profit to N900 million in H1 2025

    Brent crude oil price rise above $70 on OPEC projections

    OPEC+ agrees to increase oil production for September

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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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    FCMB Group report N7.55bn Profit for the 2021 H1 Period, 22.10% decline YoY

    FCMB Group announces equity capital raise

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    Resolutions passed at Jaiz Bank’s 13th Annual General Meeting

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    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

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    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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Dangote Group appoints new CEO for petroleum and petrochemicals division

Saturday, 2 August 2025, 2:14 pm
in Business, Companies
0
Dangote Group appoints new CEO for petroleum and petrochemicals division
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Dangote Group has appointed David Bird as the new Chief Executive Officer (CEO) of its petroleum and petrochemicals division in a bid to address operational challenges and drive its next growth phase.

Have you read; Prof. Chika Mordi and Mr. Emmanuel Nnorom retires from United Capital Plc’s Board

David Bird, former CEO of Oman’s Duqm refinery, officially assumed his role in July 2025.

Aliko Dangote, founder of the conglomerate, remains chairman of the refining arm and CEO of the overall group, which spans sectors including cement, fertilizer, and sugar.

Bird’s brings a wealth of experience, having overseen the Duqm refinery’s expansion and crude diversification just before its 2023 test runs.

The CEO move comes amid setbacks at the 650,000 barrels-per-day (b/d) refinery, which has faced multiple operational hiccups and “design issues” that have hampered its ramp-up.

In written comments to Platts, part of S&P Global Commodity Insights, Bird stated his priority at Dangote would be advancing the group’s footprint beyond the Nigerian market and across the African continent. He also noted on LinkedIn that his role involves ensuring maximum output and efficiency for the refinery while positioning the group as a global refining leader.

Dangote Group is planning to expand the refinery’s capacity to 700,000 b/d, enhance port infrastructure, and develop overseas storage facilities in countries such as Namibia. In August, it is set to roll out its own distribution business with a fleet of 4,000 CNG-powered trucks.

The Group Executives have also confirmed plans to list the refining arm on both the London and Lagos stock exchanges.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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