Browsing Tag
Lagos
4 posts
Dangote’s refinery is valued near $47bn before capacity doubles
Dangote Petroleum Refinery has regulatory approval to offer 4.1 billion shares at ₦525 each, potentially bringing in about ₦2.15 trillion while valuing the business near $47 billion. Yet the base IPO represents only about 3.3% of enlarged shares. Investors are therefore being asked to price a $20 billion refinery not just on its current 700,000 bpd capability, but on the plan to double capacity to 1.4 million bpd.
Can Nigeria flip from fuel importer to exporter? Dangote believes the moment is here
Discover how Dangote Industries’ refinery expansion to 1.4 million bpd could transform Africa’s fuel import equation and shake up the global refining map.
Binaytara Foundation’s Lagos cancer pact with Federal Medical Center Ebute Metta promises safer chemo, workforce training, and a robust oncology registry
Find out how Binaytara Foundation and Federal Medical Center Ebute Metta plan to transform cancer care in Nigeria with safer chemo, training, and data.
Farmcrowdy acquires Nigerian meat processing company Best Foods
Farmcrowdy, Nigerian digital agriculture platform, has acquired majority stake in meat processing company Best Foods for an undisclosed…