Africa’s richest man extends record Dangote refinery IPO offer to give more African countries a chance to buy shares
The IPO, launched on September 14 and initially scheduled to close on October 13, aims to raise as much as to fund the refinery’s expansion. The additional time is intended to widen access to the offering beyond Nigeria as Dangote seeks to attract investors from other markets across the continent
Nigeria’s $114 billion stock market extends rally as trading activity plunges
The benchmark All-Share Index rose 0.36% to close at 243,158.97, lifting its year-to-date return to 56.26%. The index is now up 7.72% over the past week and 20.55% in the last four weeks, underscoring one of the strongest equity runs globally so far this year
SpaceX stock extends 3-day slide to 27% as the company raises debt to fund Elon Musk’s cosmic ambitions
SpaceX shares dropped for a third consecutive trading day on Monday, extending a pullback after the Elon Musk-led company’s mega IPO earlier this month