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Nigeria's Dangote refinery kicks off blockbuster IPO

Nigeria's Dangote refinery kicks off blockbuster IPO — photograph supplied by France 24

Image: France 24

Nigerian billionaire Aliko Dangote launched the biggest-ever share sale on the African continent, listing 4.1 billion shares in his Lagos refinery on the stock exchange. He framed it as a "people's IPO" to give all Nigerians a chance to share the plant's wealth potentials. Trading is expected to…

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