Economy
Three-times oversubscribed Dangote Refinery IPO closes
Dangote Refinery and Petrochemicals FZE ended its 44-day initial public offering (IPO) with orders almost three times higher than the target of $1.6bn. Reuters reported preliminary orders in the region of N6.4 trillion ($4.78bn) from retail and institutional investors in Nigeria alone. Dangote Group president and…
African BusinessBy Dulue Mbachu
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Read at African Business →Original headline: “Three-times oversubscribed Dangote Refinery IPO closes”
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