Owner of the world’s largest single-train refinery, recently opened its IPO to retail investors.
Nigeria’s securities exchange urges founders to list on local bourse
The SEC urges local founders to raise capital from trusted sources and utilize debt instruments for growth. Vice President Kashim Shettima announced the Nigerian Capital Market Master Plan 2.0, targeting ₦750 trillion in market capitalization by 2036.
Nigeria’s Popular Investing Apps Buckle Under Pressure After Huge Demand for Dangote IPO
Nigerians rushed to buy shares in the Dangote Petroleum Refinery's IPO, causing investment platforms to crash. Bamboo and Cowrywise experienced significant outages due to unexpected traffic during the IPO launch.
Flutterwave Joins Other Fintechs in Offering Seamless Digital Participation in Dangote IPO
Dangote Petroleum Refinery opened its IPO to retail investors at ₦525 per share on September 14. This IPO is Nigeria's first fully digital retail offering, allowing subscriptions through various fintech apps.
