Retail Investors and the Reality of Dangote Refinery's Public Listing

Retail Investors and the Reality of Dangote Refinery’s Public Listing

  Nigeria’s capital market regulator, the Securities and Exchange Commission, has cleared the procedural pathway for the Dangote Petroleum Refinery to offer 4.1 billion ordinary shares at N525 each. The transaction, expected to yield gross proceeds exceeding N2.1 trillion on the Nigerian Exchange, marks the largest equity flotation in African capital market history. Order books…

Read Full News

Obasanjo Blasts Africa’s “Leadership Deficit” at 89

Former President Olusegun Obasanjo has declared that Africa’s failure to thrive is a direct result of poor leadership rather than a lack of wealth. Speaking in Abeokuta during his 89th birthday celebrations on Thursday, the elder statesman argued that the continent possesses ample land, intellect, and resources. He insisted that the “bane of development” is…

Read Full News