Tag: Dangote Refinery shares

Dangote Refinery IPO: Full List of 32 Approved Channels Nigerians Can Use to Buy Shares

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Dangote Refinery IPO: Full List of 32 Approved Channels Nigerians Can Use to Buy Shares

The Dangote Petroleum Refinery and Petrochemicals FZE has approved 32 electronic channels through which Nigerians and other eligible investors can subscribe for shares in its highly anticipated initial public offering (IPO), expanding access to the landmark offer across banks, fintech platforms, mobile-money services and the Nigerian Exchange (NGX). The approved network comprises 19 banks, 10…

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Business Investments

Dangote Rejects NNPCL Move to Increase Refinery Stake Ahead of Planned Public Listing

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Dangote Rejects NNPCL Move to Increase Refinery Stake Ahead of Planned Public Listing

President of the Dangote Group, Aliko Dangote, has confirmed that the company turned down attempts by the Nigerian National Petroleum Company Limited to increase its existing 7.25 per cent stake in the Dangote Petroleum Refinery. Dangote disclosed this during an interview with Nicolai Tangen, Chief Executive Officer of Norway’s Sovereign Wealth Fund, monitored on Wednesday….

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Petroleum