By Radarr Africa Business Desk LAGOS, November 11 (Radarr Africa) – Dangote Cement Plc has suspended its proposed listing on the London Stock Exchange, saying current market conditions and its …
Business and Investment
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Dangote’s Wealth Rises to $55.4bn as Cement Leads NGX
Aliko Dangote’s estimated net worth has climbed to $55.4 billion following a strong rally in Dangote Cement shares, which has restored the company’s position as Nigeria’s most valuable listed business. …
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Dangote Refinery Closes N2.15trn IPO With Applications From 120 Countries
By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – Dangote Petroleum Refinery and Petrochemicals closed its initial public offering (IPO) on Tuesday, October 27, with investor applications from …
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Dangote Refinery IPO Closes Tomorrow After Extension, N2.15trn on Offer
By Radarr Africa Business Desk October 26 (Radarr Africa) – The subscription window for the Dangote Petroleum Refinery initial public offering (IPO) closes on Tuesday, October 27, after the Securities …
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Botswana to Host Regional Trading Hub for Dangote Refinery IPO
Botswana has been selected to host the Southern African trading hub for the planned initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals, in a move aimed at expanding …
Dangote Petroleum Refinery and Petrochemicals recorded a net profit of ₦6.29 trillion ($4.73 billion) in the first nine months of 2026, marking a significant turnaround from the loss reported during …
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Dangote Refinery Extends IPO to Attract More African Investors
Dangote Petroleum Refinery and Petrochemicals is extending its initial public offering (IPO) by 10 days to allow more investors from across Africa to participate in the share sale. The offer, …
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Seplat, Aradel Share Gains Add $430m to Billionaire’s Wealth
Samuel Dossou-Aworet, a Beninese billionaire and founder of Petrolin Group, saw the value of his investments in Seplat Energy and Aradel Holdings increase by $430 million in the third quarter …
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Dangote Refinery Hits 700,000bpd as Fuel Imports Decline
Dangote Petroleum Refinery recorded its highest-ever capacity utilisation in August, operating at 105.21 percent of its 700,000-barrel-per-day nameplate capacity. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) …
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Dangote IPO Opens Access to Zimbabwean Investors
Zimbabwean investors are gaining access to Dangote Petroleum Refinery’s $1.6 billion initial public offering (IPO), expanding participation in one of Africa’s biggest capital-market deals beyond Nigeria. The offering, which opened …