Nigeria’s Active Investor Base To Grow Five Fold With Dangote’s $1.6 Billion Refinery IPO

Yemisi IzuoraNigeria’s active investor base is expected to grow fivefold with Dangote’s $1.6 billion refinery IPO, according to the Chief Executive Officer (CEO) of Nigeria’s Stock Exchange, which hopes it will deepen links with other African markets.Aliko Dangote launched what would be Africa’s biggest IPO earlier this month, aiming to bring in millions of retail investors which runs until end of October.