Oil refining company
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Approved for IPO; order book opens September 14
Nigeria's Securities and Exchange Commission approved the initial public offering of the Dangote Petroleum Refinery on Friday, clearing the way for what is expected to be Africa's largest share sale. The company will offer 4.1 billion shares at 525 naira each, about 2.15 trillion naira ($1.6 billion) if fully subscribed.
Updated 2 hours ago
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