Dangote forecast Refinery’s shares may hit N10,000
Dangote further said shareholders could choose to receive dividends in either naira or dollars, saying the option could help investors cope with currency depreciation..”
Dangote further said shareholders could choose to receive dividends in either naira or dollars, saying the option could help investors cope with currency depreciation..”
Agricultural Price USd Chg % Soybeans 1295.24 0.01 0.00% Wheat 707.92 3.33 -0.47% Palm 4894.00 72.00 -1.45% Cocoa 5951.00 38.00 0.64% Coffee 292.05 0.75 0.26% Cotton 88.021 0.741 0.85% Sugar 18.57 0.17 0.94% Credit: Trading Economics.com
Agricultural Price Chg % SoybeansUSd/Bu 1299.94 2.56 -0.20% WheatUSd/Bu 731.68 1.43 0.20% LumberUSD/1000 board feet 571.00 2.50 0.44% Palm OilMYR/T 4977.00 1.00 0.02% CheeseUSD/Lbs 1.5771 0.0191 1.23% MilkUSD/CWT 16.14 0.03 0.19% RubberUSD Cents / Kg 249.00 7.10 2.94% Orange JuiceUSd/Lbs 150.60 5.55 -3.55% CoffeeUSd/Lbs 288.67 2.63 -0.90% CottonUSd/Lbs 86.984 0.664 0.77% RiceUSD/cwt 15.4800 0.1000 0.65%…
Agricultural Price Chg % SoybeansUSd/Bu 1296.33 2.58 0.20% WheatUSd/Bu 739.75 23.75 3.32% Cocoa USD/T 6188.00 14.00 0.23 Palm OilMYR/T 4997.00 19.00 0.38% CheeseUSD/Lbs 1.5691 0.0089 -0.56% MilkUSD/CWT 16.15 0.02 0.12% RubberUSD Cents / Kg 234.40 1.70 0.73% Sugar USd/Ls 18.32 0.25 1.40 CoffeeUSd/Lbs 290.76 4.84 -1.64% CottonUSd/Lbs 86.956 0.626 1.12 Source: Trading Economics.com
The offer would open on September 14, subject to the approval of the Securities and Exchange Commission (SEC), and close on October 13.
Dangote emphasised that asides institutional and corporate investors, ordinary Nigerians -drivers, cooks, traders, servants and managers have an opportunity to own shares in the company.
Aliko Dangote, chief executive officer (CEO) of the Dangote Group, says the initial public offering (IPO) of Dangote refinery will open in the next 10 to 12 days.According to Reuters, Dangote announced the IPO timeline on Thursday while speaking to investors and analysts in Botswana. According to Reuters, Dangote announced the IPO timeline on Thursday…
BLACK MARKET RATES US Dollar (USD) ₦1395 Great British Pound(GBP) ₦1,890 EURO (EUR) ₦1,590 Canadian Dollar (CAD) ₦1,020 South African Rand (ZAR) ₦75 Ghana CEDI (GHS) ₦95 West African CFA Buy ₦2, 300 CENTRAL AFRICAN CFA Buy ₦2,150 CBN Exchange Rates DOLLAR (USD) ₦1315.67 Great British Pound (GBP) ₦1778.66 EURO (EUR) ₦1,529 .60Swiss Franc (CHF)…
The acquisition underscores ongoing activity by key insiders to consolidate equity positions in the prominent brewing entity.
The Commission said that the move is aimed at bringing operators serving Nigerian investors within a defined regulatory framework, particularly as online forex trading platforms increasingly operate across borders.