Africa’s richest man Aliko Dangote’s $1.6 billion refinery IPO could multiply Nigeria’s active investors fivefold and connect its shares to markets across Africa

Africa’s richest man, Aliko Dangote , could bring millions of Nigerians into the stock market through the $1.6 billion public offering of his oil refinery, according to the head of the country’s exchange. Temi Popoola, chief executive of Nigerian Exchange Group , said the landmark share sale could multiply Nigeria’s…