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Dangote Refinery to double workforce in expansion push

Nigeria, Sept. 18 -- Dangote Petroleum Refinery and Petrochemicals FZE plans to double its labour force to meet its target of doubling its processing capacity by 2029. "Well, within the refinery, the... Read More


Dangote Refinery plans US listing in three to four years

Nigeria, Sept. 14 -- Africa's richest man aims to list his 700,000 barrel-per-day oil refinery, which commenced its initial public offering Monday morning, in the United States in the next three to fo... Read More


BREAKING: Billions of naira subscribed by investors within minutes of Dangote Refinery's IPO opening - Official

Nigeria, Sept. 14 -- Dangote Refinery, which kicked off its Initial Public Offering (IPO) on Monday morning, attracted billions of naira within minutes of opening from thousands of investors, Aigboje ... Read More


Transcorp, AXA Mansard, GTCO top stock pick this week

Nigeria, Sept. 14 -- Nigerian stocks slid by 1.6 per cent last week, following profit-taking activities across all sectors except oil & gas. The Insurance Index was worst hit, declining by 5.5 per ce... Read More


Dangote Refinery opens order book for $1.6 billion Africa's biggest IPO

Nigeria, Sept. 14 -- Dangote Refinery will Monday open the order book for its $1.6 billion initial public offering IPO (IPO), marking the kickoff of the capital-raising programme that is targeting ret... Read More


Otedola speaks on FirstHoldCo's inclusion in FTSE Frontier 50 Index

Nigeria, Sept. 8 -- The Chairman of First HoldCo Plc, Femi Otedola, has described the company's inclusion in the FTSE Frontier 50 Index as a "defining milestone" in the evolution of the financial serv... Read More


Stanbic IBTC, Mutual Benefits, Aradel top stock picks this week

Nigeria, Sept. 7 -- Nigerian stocks are seemingly reclaiming the solid bullish drive that delivered steadily strong gains earlier this year, given the 2.4 per cent yield they posted last week, which m... Read More


BREAKING: Dangote Refinery sets minimum subscription for $1.6 billion IPO

Nigeria, Sept. 7 -- Dangote Refinery has completed the endorsement of the offer documents for its initial public offering, putting it on course to launch the $1.6 billion public equity sale, regarded ... Read More


FTSE Russell admits Dangote Cement, MTN Nigeria, First HoldCo, others to Frontier Index Series

Nigeria, Sept. 3 -- FTSE Russell, a London-based provider of global stock market indices, has added MTN Nigeria, Dangote Cement, First HoldCo, and seven other Nigerian public companies among the quali... Read More


FTSE Russell admits Dangote Cement, FirstHoldCo, MTN Nigeria, others to Frontier Index Series

Nigeria, Sept. 3 -- FTSE Russell, a London-based provider of global stock market indices, has added MTN Nigeria, Dangote Cement, First HoldCo, and seven other Nigerian public companies among the quali... Read More