Dangote Refinery IPO Catapults Founder into World’s Top 40 Billionaires
*Wealth surges nearly $20bn in 10 days to $51.3bn Aliko Dangote, Africa’s richest man, has seen his fortune surge by
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Stocks
The ‘People’s IPO’: Dangote Sweetens N2.15 Trillion Offering with Bonus Shares for Retail Investors
The Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) has deployed an aggressive strategy to woo everyday Nigerians and ethical investors
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Dangote Refinery Secures SEC Approval for N2.15tn IPO
The proposed offer of 4.1 billion ordinary shares at ₦525 each could become one of the largest capital-market transactions in
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Nigerian Stocks Near Three-Week High as FTSE Decision Lifts Sentiment
Nigeria’s equities market reversed some of its recent losses on Monday, with the benchmark All-Share Index rising for a third
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Nigeria Stocks Rebound as Investors Digest FTSE Russell’s Reclassification
Nigeria’s equities market rebounded for the second straight day on Friday after FTSE Russell cleared the way for the country’s
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FirstHoldCo Chair Otedola’s Stock Buying Spree Tops N351bn in One Month
Femi Otedola, chairman of First HoldCo Plc, has spent N351.2 billion increasing his stake in the financial services group through
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Foreign Inflows into Nigerian Stocks Hit 15-Month Low After T+1 Shift
Foreign inflows in Nigerian stocks drops for four straight month after T+1 shift Foreign investment in the Nigerian Exchange Limited
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Otedola Raises FirstHoldCo Stake for Fifth Time in a Month with N12.6bn Purchase
Femi Otedola, chairman of First HoldCo Plc, has increased his stake in the financial services group for the fifth time
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How Nigeria Lost Crown as World’s Best-Performing Stock Market After Five Weeks
Nigeria has lost its position as the world’s best-performing stock market, five weeks after taking the crown from South Korea,
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Nigerian Stocks Hit Four-Week Low as Investors Take Profits
The market value of Nigerian equities fell to a four-week low on Monday as investors continued to lock in gains
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