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dangote

Aerial view of Victoria Island, Lagos, with boats on the lagoon and the city skyline behind
African Equities

NGX All-Share Index Ends Week at 247,222 as Dangote Cement and First HoldCo Hit 10% Limit

The NGX All-Share Index rose 0.92% to 247,222.27 on Friday, adding N1.47 trillion as Dangote Cement and First HoldCo hit the 10% daily limit.

4 min read

Red-and-white refinery chimneys lit against a dark blue evening sky
African Equities

Dangote Refinery IPO Enters Final Days: NGX Says the N525 Offer Could Triple or Quintuple Nigeria's Active Investors

The Dangote refinery IPO closes 27 October at N525 a share. NGX's Temi Popoola says it could lift Nigeria's active investors three to five times. Key numbers.

4 min read

Fuel storage tanks at an industrial harbour under a stormy sky
African Equities

Kenya Pipeline Company: Dangote Buys 25% Stake for $327 Million in NSE Block Trade

Aliko Dangote has bought 25% of Kenya Pipeline Company for about $327m in an NSE block trade, months after KPC's IPO. The price, the asset and the risks.

4 min read

Aerial view of Victoria Island, Lagos, with boats on the lagoon, above a navy band with the Market Pulse Africa logo and an NGX headline
African Equities

NGX Loses N1.47 Trillion in a Day as Dangote Cement Falls 5.5% and Banks Slip

The NGX All-Share Index fell 0.91% on 19 October, wiping N1.47 trillion off market value as Dangote Cement dropped 5.5% and bank stocks saw profit-taking.

3 min read

A groundbreaking ceremony takes place at a coastal construction site in Kenya, with dignitaries holding ceremonial shovels and oil refinery infrastructure renderings visible in the
Commodities

Dangote and Ruto break ground on $16bn Kenyan refinery

Dangote and Kenyan President Ruto broke ground on a $16bn Lamu refinery, despite an active land dispute — here's what the project aims to deliver by 2030.

6 min read

An aerial view of a large African industrial complex with cement silos and refinery towers at golden hour, with a subtle upward investment-trend graph overlaid in the sky.
Weekly Pulse

Africa First: Inside Aliko Dangote's Vision for a Self-Reliant Continent

Aliko Dangote's "Africa First" message pushes for continental self-reliance — here's the Vision 2030 strategy, the numbers behind it, and what's still ahead.

6 min read

An African business executive stands before a stock exchange ticker board displaying an upward market trend, with oil refinery towers silhouetted at sunset in the background.
Macro & Economy

Dangote Refinery IPO: Africa's Biggest Share Sale Opens on the NGX

The Dangote Refinery IPO has opened on the NGX in Africa's biggest-ever share sale — here's what the $49bn listing means for investors. Image ALT text: An African business executive stands before a stock exchange ticker board displaying an upward market trend, with oil refinery towers silhouetted at sunset in the background. Caption: Dangote Petroleum Refinery's N2.15 trillion share offer opened o

7 min read

Dangote Refinery in Nigeria representing its planned $5 billion IPO and crude supply challenges.
Macro & Economy

Dangote Refinery's $5bn IPO: The Crude Supply Problem Investors Are Watching

Dangote Refinery is targeting a landmark $5 billion IPO, potentially making it Africa's largest-ever stock market listing. But as investors assess the opportunity, the refinery's reliance on imported crude remains a critical issue for margins and valuation.

4 min read