Nigeria: Dangote refinery's IPO closes, investors step in The historic IPO of Nigerian refinery Aliko Dangote has closed. The industrialist wanted to raise $1.6 billion to double its refinery capacity. The registration requests ended up being "three or four times" the amount originally intended. The group must allocate 30% additional shares to meet international demand. read more

Nigeria: Dangote refinery's IPO closes, investors step in The historic IPO of Nigerian refinery Aliko Dangote has closed. The industrialist wanted to raise $1.6 billion to double its refinery capacity. The registration requests ended up being "three or four times" the amount originally intended. The group must allocate 30% additional shares to meet international demand. read more