Tag: IPO

Emir Sanusi Urges Kano Residents to Take Ownership Stake in Dangote Refinery

Emir Sanusi Urges Kano Residents to Take Ownership Stake in Dangote Refinery

The Emir of Kano, His Royal Highness Khalifa Muhammadu Sanusi II, has urged individuals, entrepreneurs and businesses across Kano State to take advantage of the Dangote Petroleum Refinery and Petrochemicals Limited Initial Public Offering (IPO), describing equity ownership as a powerful vehicle for long-term wealth creation and economic empowerment. Speaking…

Dangote Refinery Secures $1 Billion Backing Ahead of Planned IPO

The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the successful completion of a US$1 billion underwriting programme, strengthening the capital markets foundation for what could become Africa’s most consequential industrial listing. The programme, structured by Marob Strategies and Consulting…