By Adedapo Adesanya Africa’s richest man, Mr Aliko Dangote, has seen his fortune increase by more than $5 billion since February, with the surge in demand...
By Adedapo Adesanya African business mogul, Mr Aliko Dangote, has offered some East African countries a combined 30 per cent equity stake in his proposed oil...
By Adedapo Adesanya Two advisers to Dangote Petroleum Refinery’s planned Initial Public Offering (IPO) on Tuesday announced a $1 billion underwriting programme for the offering, giving...
By Adedapo Adesanya Dangote Petroleum Refinery will not pursue an overseas listing until it has established at least three years of proven production and financial performance,...
Dangote Petroleum Refinery could become an unusually large part of Nigeria’s stock market if its eventual IPO valuation is close to the roughly $40 billion implied...
By Aduragbemi Omiyale For the second consecutive month, Dangote Petroleum Refinery and Petrochemicals has become the largest supplier of jet fuel to Europe, outpacing the United...
By Adedapo Adesanya Dangote Petroleum Refinery is preparing to raise about $5 billion through an initial public offering (IPO) expected to conclude in October, in what...
By Adedapo Adesanya Dangote Petroleum Refinery has formally approached Nigeria’s Securities and Exchange Commission (SEC) to begin the regulatory process for its planned initial public offering...
By Adedapo Adesanya Nigeria will receive about 154.2 million litres of imported Premium Motor Spirit (PMS) this week despite increased domestic refining capacity driven by the...
By Aduragbemi Omiyale About $2.5 billion has been raised by Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) from its private equity placement. The exercise, Business Post...