Dangote Refinery Targets $2bn Private Placement Ahead of Planned IPO

Dangote Refinery is targeting about $2 billion from private investors ahead of its planned initial public offering, marking one of the most closely watched capital market moves in Nigeria’s energy sector. Aliko Dangote, president of the Dangote Group, disclosed the private placement target during Femi Otedola’s visit to the refinery on May 20…
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