Exclusive: Dangote Refinery IPO attracts N5.85 trillion in bids from nearly 3.8m applicants

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Exclusive: Dangote Refinery IPO attracts N5.85 trillion in bids from nearly 3.8m applicants

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Dangote Petroleum Refinery's IPO received about N5.85 trillion in applications from nearly 3.8 million subscribers, far above its N2.15 trillion fundraising target. The strong demand highlights investor appetite for the Nigerian refinery's offering.

Dangote Petroleum Refinery's initial public offering (IPO) attracted approximately N5.85 trillion in share applications from nearly 3.8 million subscribers, significantly exceeding the company's initial fundraising target of N2.15 trillion. The post Exclusive: Dangote Refinery IPO attracts N5.85 trillion in bids from nearly 3.8m applicants appeared first on Nairametrics.

Markets Deals Energy Dangote Refinery IPO Nigeria investor demand Naira petroleum

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