Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two-thirds
The fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering.
If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals on the Nigerian exchange goes to plan, then Aliko Dangote will add a further $23bn (£17bn) to his $35bn net worth.
Continue reading...
TH
Source
This article was originally published by The Guardian and written by Eromo Egbejule in Abidjan and agencies.
Read original article on The Guardian