• Issue priced at 7.5%, matching Nigeria’s sovereign curve
• Issue priced at 7.5%, matching Nigeria’s sovereign curve
•Refinery cuts fuel prices again, signals further moderation
• Says refinery absorbed global oil price surge
•Insists product pricing cannot mirror daily movements in oil prices
Emmanuel Addeh in Abuja
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Dangote Petroleum Refinery has raised $750m through an international bond offering carrying a 7.5% fixed coupon, marking another…
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Nigeria’s Dangote Petroleum Refinery is taking a major step toward becoming a publicly traded company. The refinery is seeking to…
The Dangote Refinery IPO will be, if it closes as structured, the largest initial public offering in the history of African…
Africa’s largest lender, Standard Bank, has pledged to support the planned Dangote refinery IPO as the facility exceeds its…
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