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Dangote Petroleum Refinery plans to raise about $5 billion in an initial public offering that could become Africa’s largest listing, Reuters reported, citing a source with knowledge of the plan. The offer is expected to close in October, with Nigeria’s Securities and Exchange Commission reviewing the application. A prospectus could be published in September, according to people familiar with the process.<\/p>\n
The refinery plans to use the funds to expand capacity at its Lagos plant from 650,000 barrels…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> Dangote Petroleum Refinery plans to raise about $5 billion in an initial public offering that could become Africa’s largest listing, Reuters reported, citing a source with knowledge of the plan. The offer is expected to close in October, with Nigeria’s Securities and Exchange Commission reviewing the application. A prospectus could be published in September, according […]<\/p>\n","protected":false},"author":10,"featured_media":188473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[258,256,14488,6698,18899,257,393,5761,11113,6758,17220,254],"class_list":["post-240372","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-africa","tag-africa-news","tag-aims","tag-dangote","tag-listing","tag-news","tag-nigeria-news","tag-nigerias","tag-october","tag-raise","tag-refinery","tag-south-africa-today"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/240372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=240372"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/240372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=240372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=240372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=240372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 West Africa Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"