Skip to content
Business

Dangote to List Refinery on Nigerian Stock Exchange, Allowing Citizens to Own Shares by 2025

Legit NG··1 min read
Dangote to List Refinery on Nigerian Stock Exchange, Allowing Citizens to Own Shares by 2025

Dangote Group, led by Aliko Dangote, announces intentions to list its refinery on the Nigerian Stock Exchange, enabling Nigerian citizens to own shares by 2025. The move is part of efforts to enhance the nation's economic growth, create jobs, and promote local industrialization.

Dangote emphasizes the refinery's potential to meet domestic fuel demands, reduce imports, and save foreign exchange. The project involves significant construction efforts and is expected to have a positive impact on Nigeria's energy security and economic transformation.

Plus234Feed summary based on reporting from Legit NG.

Read the original

Continue on Legit NG

Read on Legit NG
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email a week · unsubscribe in one click