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BUSINESSELEVATED12h ago · Sep 14, 2026, 2:12 PM

IPO 'for the people' is out of reach for many in Nigeria

DW News [en] · sub saharan africa

Dangote seeks $1.6 billion from investors to finance a $14.3 billion expansion and thus double the oil refinery's capacity. The offer could give millions of Nigerians a stake in the company. But who can truly afford it?

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