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Dangote refinery IPO: Nigeria’s pension funds take their biggest equity bet

The Dangote refinery IPO didn’t just test Nigeria’s capital markets. It also tested whether its pension industry, the largest single domestic buyer of government securities, could make a large equity bet without weakening the sovereign debt market it has supported for two decades.

The Africa ReportBy ‘Femi Asu
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Dangote refinery IPO: Nigeria’s pension funds take their biggest equity bet
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Original headline: “Dangote refinery IPO: Nigeria’s pension funds take their biggest equity bet”

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