Dangote Refinery Plans Retail-focused IPO, Rules Out Foreign Listing for Now

Nigeria’s Dangote refinery plans retail-focused IPO, no foreign listing yet

Dangote Petroleum Refinery’s planned October IPO, which could become Africa’s largest, is designed to let Nigerians share in the company’s growth, its CEO told Reuters, adding a…

Despite the possibility of making more money, Dangote is holding off on offering shares of his refinery to traders outside Africa