IPO

Business

NIBSS Tech to Drive Mass Participation in Dangote, Other IPOs As NGX Returns to FTSE Russell Frontier Market

Sam Diala, THEWILL -
The Nigeria Inter-Bank Settlement System (NIBSS) is fundamentally transforming the country’s payment infrastructure to facilitate widespread participation in initial public offerings and privatization transactions.
Business

Dangote Refinery’s N2.15tn IPO Launches Live on NGX – Offer Shares at N525

Segun Adeyemi, THEWILL -
Africa’s biggest refinery opens its doors to public investors with a N2.15 trillion share offer, as Aliko Dangote signals plans to take more group companies public.
Business

Dangote Refinery Sets Monday IPO, Targets $50bn Valuation

Ogochukwu Onwaeze, THEWILL -
The IPO could become one of the largest capital market transactions in Nigeria, with the refinery offering 4.1 billion ordinary shares at ₦525 per share. If fully subscribed, the offer is expected to raise approximately ₦2.15 trillion.
Business

Dangote Refinery Gets SEC Approval For ₦525/Share IPO

Joy Onuorah, THEWILL -
Dangote Group disclosed the approval on Friday, bringing the refinery closer to what is expected to be one of Africa’s largest equity offerings. At the offer price, the shares are worth about ₦2.15 trillion if fully subscribed.
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Latest News

NewsFelix Ifijeh, THEWILL -

Tinubu in Good Health, Back this Week ― Spokesman as Shettima Returns from UNGA81

The Presidency says President Bola Tinubu is hale and hearty and will return to Nigeria this week after his working vacation, noting that the president would return to Lagos to participate in activities marking Nigeria’s 66th Independence Anniversary.
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