By Udeme Akpan, Energy Editor
The Securities and Exchange Commission, SEC’s approval clears the way for a potential ₦2.15 trillion Initial Public Offering, IPO, giving public investors an opportunity to own a stake in one of Africa’s largest industrial assets.
Businesses suffer as FG’s domestic borrowings surge 90% to N24.7trnRead Also:
The proposed IPO of Dangote Petroleum Refinery and Petrochemicals FZE is shaping up to be a landmark transaction for Nigeria’s capital market.
The SEC approved the commencement of the offering, clearing the refinery’s draft offer documents and moving the transaction into its next phase.
