BREAKING: Billions of naira subscribed by investors within minutes of Dangote Refinery’s IPO opening – Official
Dangote Refinery, which kicked off its Initial Public Offering (IPO) on Monday morning, attracted billions of naira within minutes of opening from thousands of investors, Aigboje Aig-Imoukhuede, the chair of Nigeria’s biggest lender, Access Holdings, said at the Facts Behind the Figures at the Nigerian Exchange (NGX) in Lagos.
The IPO values the refinery at $49 billion, with the potential listing of the corporation expected by analysts to expand the market capitalisation of the NGX, standing at N157.
Africa’s richest man, Aliko Dangote, declared the market and the Facts Behind the Figure ceremony open around 09:35 West African Time in Lagos, with a number of dignitaries in attendance.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
