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According to him, the company is yet to establish the official number of investors who participated in the offer, as the necessary reports are still being...
“The level of investor interest reflects growing confidence in our business and in the strong financial results we have delivered,” the company said.
The proposed offering comprises 4.1 billion ordinary shares at N525 per share, with the potential to raise approximately N2.15 trillion if fully subscribed.
Is Nigeria gradually returning to a situation where imported petrol is competing with locally refined PMS, even as Dangote Refinery has the capacity to supply a...
387 ViewsDangote Petroleum Refinery has strongly rejected allegations that its refined petroleum products are exported to Lomé, Togo, and later re-imported into Nigeria. In a statement...
409 ViewsAfrican Export-Import Bank has underwritten $2.5 billion in a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, in a move aimed...
646 ViewsThe Dangote Petroleum Refinery has responded to recent reports regarding an ongoing internal reorganisation, clarifying that the move is a strategic response to safeguard the facility...
622 ViewsThe Dangote Refinery has officially commenced the distribution of refined petroleum products across Nigeria, marking a significant milestone in the country’s quest for energy self-sufficiency....
809 ViewsDangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N30.00, from...
1,001 ViewsThe Dangote Petroleum Refinery has firmly dismissed recent reports alleging a shutdown of its operations, reassuring the public and market stakeholders that its activities remain...
