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Dangote refinery IPO priced at N525 a share, valuing it at $47 billion

Billionaires.Africa 13 h

Botswana

Dangote refinery IPO priced at N525 a share, valuing it at $47 billion — Sources: Billionaires.Africa

Nigeria's SEC approved the Dangote refinery IPO at 525 naira a share. The 4.1 billion share offer opens Sept. 14 and could raise $1.55 billion.

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