Monday, 21 September 2026

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Africa’s richest man aiming to make $23bn from continent’s biggest-ever IPO

Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two-thirdsThe fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering.If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals on the Nigerian exchange goes to plan, then…

Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two-thirdsThe fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering.If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals on the Nigerian exchange goes to plan, then…

Read the full story on Business | The Guardian

Read the full story on Business | The Guardian

Source: Business | The Guardian

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