Dangote Refinery IPO Attracts Up to N8.61tn in Estimated Subscriptions as Offer Deadline Is Extended
Dangote Petroleum Refinery’s initial public offering (IPO) has reportedly attracted subscriptions several times above its original fundraising target, with a fourfold subscription of the offer value potentially translating to about N8.61tn. President of Dangote Group, Aliko Dangote, disclosed on Monday ...
Africa’s richest man, Aliko Dangote, has reaffirmed his commitment to prioritising small-scale investors in the planned initial public offering (IPO) of the $20 billion Dangote Petroleum Refinery, saying the initiative is designed to give ordinary Africans an opportunity to own ...