Dangote to List Refinery, Fertiliser Companies on NGX
Jul 15, 2024 ·
1m 9s
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Description
Dangote Group has announced that the group intends to list its multibillion-dollar companies – Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited, on the Nigerian Exchange Group in the...
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Dangote Group has announced that the group intends to list its multibillion-dollar companies – Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited, on the Nigerian Exchange Group in the first quarter of 2025. The move will allow Nigerians to participate in the ownership of these companies, for the benefit of all. Dangote says that this transformation was driven by the overarching goal of achieving self-sufficiency in key sectors and bolstering Nigeria’s economy. Dangote confirmed that the refinery will commence petrol processing in July and underscored government assurances on compliance with the Domestic Crude Oil Supply Obligations under the Petroleum Industry Act.
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Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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