Dangote is now worth more than the likes of Jack Ma and the owner of Nike, as his net worth surges from $28.5 billion to $51.3 billion
Per Forbes’s real-time index, Africa’s richest man has seen his net worth surge from $28.5 billion to $51.3 billion following the launch of the initial public offering (IPO) of his $20 billion oil refinery
Dangote refinery: Nigerians buying into Africa’s biggest share sale
Nigerian billionaire Aliko Dangote has launched Africa’s largest ever share sale, offering a stake in his oil refinery to the general public in a deal that could raise as much as $2.1bn (£1.6bn)
Dangote Refinery Opens N2.15tn IPO, Offers Investors Stake in Africa’s – M
Dangote Petroleum Refinery and Petrochemicals FZE has opened its Initial Public Offering (IPO), offering investors an opportunity to acquire a stake in Africa’s largest refinery as the company seeks to raise about N2.15 trillion to support expansion and long-term growth
Dangote launches Africa’s largest ever IPO
Africa’s richest man Aliko Dangote tapped the opening gong this morning on the floor of the Lagos exchange to open Africa’s largest initial public offer
₦2.15 trillion is on the table for Nigerians as Dangote Refinery sounds the gong on 4.1 billion new ordinary shares
The IPO was launched on Monday on the trading floor of the Nigerian Stock Exchange (NGX) in Nigeria’s commercial hub, Lagos, representing the first refinery to be listed on the Nigerian stock market
Dangote lists 40 approved banks, fintechs and mobile operators where investors can buy refinery IPO shares
The approved channels consist of 20 commercial banks, 17 financial technology firms, two mobile network operators, and NGX Invest
Dangote set to seal vessel deals with world’s No. 1 shipbuilding country as group targets 1,800 vessel calls a year
The Dangote Group is preparing for a sharp increase in the number of cargo movements it handles annually, with shipments expected to rise from about 300 to as many as 1,800 Devakumar Edwin
Dangote Refinery’s record N19.13trn H1 revenue sets stage for Africa’s biggest IPO – Businessday NG
Dangote Petroleum Refinery is heading for what could be Africa’s biggest-ever stock market offering after reporting a record N19.13 trillion ($13.91 billion) in first-half revenue, giving investors a compelling earnings story to weigh against its ambitious valuation
Nigerian stocks hit fresh record as Dangote Cement, bank shares rally
The benchmark NGX All-Share Index rose 2.02% to 244,588.93 points, lifting its gain this year to 57.18% and pushing total market capitalisation to N156.7 trillion ($115 billion)
Enovate Lab and Dangote Business School Launch MSME Digitalization – MSME
Small and medium-sized businesses looking to strengthen their digital operations can now access a new re