Article1
Photo Credit:Punch Newspapers
Aliko Dangote has disclosed that the planned initial public offering of the Dangote Refinery will feature dollar‑denominated dividends to attract global investors. He said the structure is designed to hedge against naira volatility and position the refinery as a world‑class asset in international capital markets.
Inline1
The IPO is expected to deepen liquidity on the Nigerian Exchange and provide new investment options for domestic and diaspora investors. Market watchers say the listing could become one of the largest in Africa, offering exposure to downstream petroleum revenues and non‑oil export earnings.
Source: Punch Newspapers – 11 Dec 2025
2025-12-12 10:00:00 Punch Newspapers – 11 Dec 2025 2025-12-11
Adbottom1