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Nigeria’s Dangote Group plans to list its company Dangote Petroleum Refinery & Petrochemicals, which runs Africa’s largest refinery, on the Nigerian stock exchange in early 2025, the group’s president Aliko Dangote said this weekend.
The group also plans to list another multi-billion-dollar subsidiary, Dangote Fertiliser Limited, on the domestic stock market in the first quarter of next year, Dangote, who is Africa’s richest person, told Nigerian media.
The Dangote refinery in Nigeria, Africa’s biggest and newest crude processing facility, has been recently raising imports of U.S. oil crude oil, in a sign that American barrels are currently available at competitive prices overseas.
Source: newsthemegh.com