Nigeria's Dangote refinery kicks off blockbuster IPO
- Nigerian billionaire Aliko Dangote launched the biggest-ever share sale on the African continent, listing 4.1 billion shares in his Lagos refinery on the stock exchange.
- He framed it as a "people's IPO" to give all Nigerians a chance to share the plant's wealth potentials.
- Trading is expected to start in November.
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- Nigerian billionaire Aliko Dangote launched the biggest-ever share sale on the African continent, listing 4.1 billion shares in his Lagos refinery on the stock exchange.
- He framed it as a "people's IPO" to give all Nigerians a chance to share the plant's wealth potentials.
- Trading is expected to start in November.
Sources: France 24