Sunday, October 18, 2026

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BREAKING: Ododo Hails Peaceful...

Kogi State Governor, Ahmed Usman Ododo, has described the local government election in...

Kogi APC Chairman, Engr....

Okene, Kogi State — October 17, 2026 The Kogi State Chairman of the All...

Kogi Poly Governing Council...

The Governing Council of Kogi State Polytechnic, Lokoja, has commended the Rector, Professor...

Air Raids Destroy Bandits’...

The Kogi State Government has said that coordinated air raids and ground assaults...
HomeBusiness

Category: Business

‎Dangote Announces N5,250 Minimum Subscription...

‎‎‎The Chief Executive Officer of Dangote Group,...

Naira Appreciates to N1,416/$ in...

The Naira yesterday appreciated to N1,416 per...

‎Dangote Announces N5,250 Minimum Subscription for Refinery IPO

‎‎‎The Chief Executive Officer of Dangote Group, Aliko Dangote, has announced that investors can subscribe to the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE with a minimum of 10 ordinary shares valued at N5,250.‎‎Dangote made this known on Monday at the signing ceremony for the refinery’s IPO held at Eko Hotel and Suites, Victoria Island, Lagos.‎‎The offer comprises 4.1 billion ordinary shares at an offer price of N525 per share, with the company targeting to raise slightly above N2 trillion.‎‎Dangote said the funds raised...

‎Dangote Announces N5,250...

‎‎‎The Chief Executive Officer of Dangote Group, Aliko Dangote, has announced that investors can subscribe to the proposed Initial Public Offering (IPO) of Dangote...

Naira Appreciates to...

The Naira yesterday appreciated to N1,416 per dollar in the parallel market from N1,420 per dollar recorded on Wednesday. However, the local currency depreciated to...

Cooking Gas Imports...

Nigeria’s imports of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, surged by 1,400 per cent in June 2026, while domestic petrol supply...

CBN Directs BDCs...

The Central Bank of Nigeria (CBN), has directed Bureau De Changes, BDCs, to sell unutilised foreign exchange (FX) balances to the Nigerian Foreign Exchange...

UBA Announces Elumelu’s...

United Bank for Africa (UBA) has announced that Group Chairman Tony Elumelu will retire from the bank's Board of Directors on August 21, 2026,...

UBA Wins 2026...

United Bank for Africa (UBA) Plc, has emerged the winner of the African category at the 2026 Banker Technology Awards, recognised for its innovations...

Kogi Indigene Places...

Kogi State indigene and founder of AquaProX Africa, Mr Salifu Daniel, has secured second place at the global aquaculture pitch competition held in London,...

Trade Sector Attracts...

Nigeria’s trade sector attracted $65.79m in foreign capital in the first quarter of 2026, a 91.3% increase year-on-year from $34.39m in Q1 2025, according...

SEC, NYSC Unveil...

The Securities and Exchange Commission (SEC) and the National Youth Service Corps (NYSC) have signed a Memorandum of Understanding (MoU) to educate corps members...
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