IPO

KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …

KEY POINTS The National Pension Commission (National Pension Commission), PenCom has granted Pension Fund Administrators (PFAs) special approval to invest pension assets in the planned Initial Public Offering of the …

KEY POINTS Africa’s richest man, Aliko Dangote, is targeting a valuation of up to $50 billion for his refinery business ahead of a planned initial public offering (IPO) expected later …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals has dismissed reports suggesting it is planning an Initial Public Offering, stating that the information currently circulating in the media and across social …

KEY POINTS A planned initial public offering (IPO) of Aliko Dangote’s $20 billion Dangote Petroleum Refinery could dramatically expand the size of Nigeria’s capital market, potentially pushing total stock market …

Saudi Arabia is testing investor appetite with a new share sale for its state-owned oil giant Aramco. The move aims to raise up to $13.1 billion and broaden the company’s …