Policy & Geopolitics
Dangote Refinery sets IPO price in Lagos
The Dangote Refinery has secured the approval of Nigeria’s securities regulator to launch an initial public offering on the stock exchange in Lagos. The company, whose 700,000 barrels-a-day oil plant is Africa’s largest, is set to raise about $1.6 billion. The latest step bookends a year-long anticipation for an offer…
Semafor AfricaBy Alexander Onukwue
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Read at Semafor Africa →Original headline: “Dangote Refinery sets IPO price in Lagos”
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