The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Crude Oil Refinery Owners Association of Nigeria has called for urgent intervention by President Bola Tinubu to address the structural and commercial difficulties facing domestic refiners. CORAN warned that without appropriate measures, Nigeria could continue exporting crude oil, employment opportunities and refining margins while remaining dependent on imported petroleum products. In a position paper…
Nigeria’s Securities and Exchange Commission approved the initial public offering of Dangote Petroleum Refinery and Petrochemicals on Friday, 4 September 2026, clearing the path for a historic N2.15 trillion capital raise. The corporate regulator cleared the firm to issue 4.1 billion ordinary shares at N525 each, while registering its existing pool of 120.13 billion ordinary…
Dangote Refinery’s long-awaited initial public offering could open on September 14, placing investors within days of an opportunity to acquire shares in one of Africa’s largest energy projects. Before the proposed opening, a completion board meeting involving the parties to the transaction is expected to take place on Monday, September 7, according to people familiar…
The Dangote Petroleum Refinery has secured a $1 billion underwriting programme ahead of its planned initial public offering in Lagos. The deal locks in 600 million dollars in funded private placement from Lilium Capital Group alongside a 400 million dollar underwriting commitment. African industrial giants rarely test public capital markets on this scale. The transaction…
The Nigerian Exchange Group is positioning the upcoming initial public offering of the Dangote Petroleum Refinery as a continental investment opportunity rather than a local affair. Group Chairman Umaru Kwairanga disclosed the cross-border listing strategy on Friday at the London Africa Summit. To broaden institutional participation, the exchange has already commenced formal engagements with multiple…