Post by TheCable (@thecableng)

ETIM ETIM: "The most highly anticipated public offer in Nigeria’s capital market this year is the forthcoming IPO of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) expected to open in the last quarter of the year. Investors, analysts and capital market enthusiasts expect between three billion and ten billion ordinary shares would be offered in the IPO at a price ‘’not less than N500 per share’’, according to a capital market operator who did not want to be mentioned in this article. ‘’Even at that, it would be oversubscribed; and this is a testimony to the depth of our capital market,’’ he said. Aliko Dangote, Africa’s wealthiest man and owner of the refinery, may raise over N4 trillion from the offer."

https://www.thecable.ng/dangote-refinerys-upcoming-initial-public-offering/

ETIM ETIM: "The most highly anticipated public offer in Nigeria’s capital market this year is the fo...

0 likes · 0 comments · 0 shares