Nigeria’s Dangote Petroleum Refinery is taking a major step toward becoming a publicly traded company. The refinery is seeking to raise around one billion dollars through a private share placement, in a deal that values the company at roughly 39 billion dollars.

Standard Bank Group's CEO, Sim Tshabalala, visits the Dangote Petroleum Refinery, reaffirming the bank's commitment to supporting Dangote Industries' growth and future IPO plans,…

Africa’s biggest lender announces leading role in IPO of continent’s largest oil refinery