Dangote Refinery’s IPO closes with investors from 120 countries

Dangote Refinery’s IPO closes with investors from 120 countries

File imageA Nigerian oil refinery owned by Africa’s richest man Aliko Dangote has closed the continent’s biggest initial public share offering, claiming to have raised funds from investors in 120 countries.The IPO for the Lagos-based Dangote Petroleum Refinery was initially due to close on October 13 but was extended by two weeks to allow more Africans to participate.

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Reported by vanguardngr.com.

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