Dangote Group Africa’s largest conglomerate, has announced plans to list its much-anticipated refinery and fertilizer plants on the Nigerian Exchange Group by the first quarter of 2025.
This development marks a significant milestone for the company and the Nigerian economy.
The decision to list the two subsidiaries comes as the conglomerate seeks to expand its investor base and unlock further value for shareholders.
The refinery, touted as Africa’s largest, is expected to significantly reduce Nigeria’s dependence on imported petroleum products and boost the country’s economy.
Similarly, the fertilizer plant is poised to revolutionize agriculture in Nigeria and across Africa by providing affordable and readily available fertilizers.
More details later…
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