Aliko Dangote has revealed that he bought his first private jet at 22 and a half while speaking in Lagos on Monday, urging wealthy Nigerians to invest more in production. LAGOS, NIGERIA — Africa’s leading industrialist, Aliko Dangote, has disclosed that he acquired his first private jet at 22 and a half, recalling his early…
Aliko Dangote says Dangote Refinery shares could eventually rise from ₦525 to ₦10,000. He made the projection while discussing the refinery IPO and possible long-term returns for investors. LAGOS, NIGERIA — Aliko Dangote, president of Dangote Industries Limited, has projected that Dangote Refinery shares could rise from the current offer price of ₦525 to as…
The Dangote Refinery IPO has 32 approved subscription channels for investors in Nigeria, with the public offer set at ₦525 per share and a minimum purchase of 10 shares, according to the refinery’s official IPO website. LAGOS, NIGERIA — Dangote Refinery has approved 32 channels through which eligible investors can subscribe for shares in its…
The Dangote petrol price has climbed again despite a sharp fall in crude prices. The refinery raised its gantry rate to N1,200 per litre from Wednesday, August 26, putting fresh pressure on Nigerian motorists. LAGOS, NIGERIA —The Dangote petrol price has risen by N15 to N1,200 per litre despite a recent decline in international crude…
