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News
Dangote Refinery opens landmark IPO today
4+ hour, 51+ min ago (447+ words) The IPO, which opens today, September 14, 2026, consists of 4.1 billion new ordinary shares offered at N525 per share, with a minimum subscription of 10 shares valued at N5,250. The offer is expected to remain open until October 13, 2026, subject to the terms outlined in the…...
The Dangote Refinery IPO
2+ hour, 32+ min ago (1278+ words) THE Dangote Petroleum Refinery and Petrochemicals initial public offering is a test of whether Nigeria can convert one of its most consequential industrial investments into a broader instrument of wealth creation. This will also show how deep its capital market…...
Why cheap land won’t make Lagos, Abuja homes affordable—Developer
11+ hour, 14+ min ago (424+ words) Cheap land on the outskirts of Lagos and Abuja will not necessarily translate to affordable homes because developers still have to absorb infrastructure, construction and financing costs, according to Michael Onyeachor, co-founder of Besitz Group Limited. Onyeachor said this during…...
How To Buy Dangote Refinery Shares Through FirstMobile, FirstOnline As IPO Opens Monday
7+ hour, 38+ min ago (264+ words) As the initial public offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals FZE opens on Monday, September 14, 2026, FirstBank has said its customers can subscribe for the shares through any of its digital platforms, branches and agent network. The offer,…...
Dangote Refinery offer to boost FX earnings — CIS, ASHON
1+ hour, 53+ min ago (380+ words) The Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria have welcomed the initial public offering of Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise, describing it as a landmark development for Nigeria’s capital market. The…...
Vetiva Leads Dangote Refinery IPO Advisory
1+ hour, 26+ min ago (267+ words) Petroleum Import Licenses: Fg Sabotaging Dangote Refinery – Kcc Vetiva Advisory Services Limited has been appointed Lead Adviser to the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP), in what is expected to be one of the…...
Petrol subsidy return may cost Nigeria N19tn annually – CPPE
3+ hour, 6+ min ago (539+ words) The Centre for the Promotion of Private Enterprise has warned that a return to universal petrol subsidy could cost the government about N19.16tn annually. The think tank said such a huge expenditure would impose an enormous opportunity cost on Nigeria’s already…...
2027 budget: FG gives MDAs September 18 deadline
1+ hour, 43+ min ago (1554+ words) File: Director-General of the Budget Office of the Federation, Tanimu Yakubu The Federal Government plans to submit the 2027 budget proposal to the National Assembly in September, in an attempt to advance the budget cycle amid persistent implementation challenges and overlapping…...
Alawuba: Improvement in Economic indicators Point to Nigeria???s Stabilisation Journey
1+ hour, 24+ min ago (602+ words) Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria, Oliver Alawuba, has said the improvement in key economic indicators points to Nigeria’s gradual stabilisation, even as he called for deliberate…...
Chapel Hill Denham Lists Additional 350,531 NIDF Units On NGX
1+ hour, 28+ min ago (266+ words) Chapel Hill Denham Management Limited has listed an additional 350,531 units of the Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF) Q2 2026 Scrip Unit on the Nigerian Exchange Limited (NGX). According to a notice to Trading Licence Holders, the additional units were…...