Nigeria is targeting September 24, 2028, to end regulated pricing in the domestic gas market, moving toward a willing buyer, willing seller gas market where prices are increasingly determined through commercial agreements. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced the target on September 24, 2026, at a Gas Market Maturity Workshop in…
The Dangote Refinery IPO 2026 is shaping up to be more than a huge fundraising exercise. Aliko Dangote wants the ₦2.15 trillion share offer to bring millions of ordinary Africans into the ownership of one of the continent’s biggest industrial projects. The refinery’s IPO documents were signed in Lagos on Monday, with 4.1 billion shares…
The Dangote Refinery IPO has received approval from Nigeria’s Securities and Exchange Commission, setting the stage for what could become Africa’s biggest-ever share sale. The company plans to offer 4.1 billion ordinary shares at ₦525 each, potentially raising about ₦2.15 trillion, or $1.63 billion, if fully subscribed. The order book is expected to open on…
