Dangote Refinery plans to raise $5bn through an IPO that values the business at about $40bn, testing investor appetite for one of Africa’s largest industrial assets.
Nigeria’s stock market added ₦74.1 trillion in value within one year as major stocks surged and investor confidence improved. Experts explain what is driving the rally and whether it can continue.
In a significant enforcement action aimed at improving market integrity, the Nigerian Exchange Regulation Limited (NGX RegCo) has sanctioned five major stockbroking […]