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Dangote Refinery launches $1.6B IPO, Africa's largest, order book opens
Premium TimesLO·NG·about 15 hours ago
The Dangote Refinery IPO, Africa's largest, has seen record demand that disrupted Nigerian investment platforms. The company seeks to raise $1.6 billion at a valuation of about $50 billion. The disruption signals strong investor appetite but also highlights infrastructure constraints in Nigeria's capital markets.
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