TRENDSMILL | Latest Nigerian News, Politics, Business, Sports & More
TRENDSMILL | Latest Nigerian News, Politics, Business, Sports & More
TrendsmillThe Dangote Refinery IPO is bringing retail investors into the centre of Nigeria’s capital-market expansion, with a low entry threshold and digital distribution channels drawing strong interest from everyday Nigerians.
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TrendsmillAliko Dangote has questioned how Africa’s wealthy allocate their capital, arguing that investment in factories and productive businesses would have a greater economic impact than spending heavily on luxury assets.
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TrendsmillKeystone Bank has been appointed a Receiving Agent for the Dangote Refinery public offer, allowing eligible investors to subscribe for shares through the bank’s approved channels.
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Oluwatosin HarunaRising crude oil and logistics costs are putting fresh pressure on petrol prices in Abuja and other Nigerian inland markets.
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TrendsmillAliko Dangote says the IPO of his 650,000-barrel-per-day refinery will open within 10 to 12 days, with the company seeking about $5 billion.
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TrendsmillIndependent petroleum marketers are signalling possible further petrol price reductions as filling stations respond to lower supply costs and market competition.
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