Tag
nigeria
7 articles
Dangote Refinery IPO Targets $1.6B, Pushes Founder's Net Worth to $58B
Africa's largest refinery, valued near $50 billion, opens for subscription today, anchored by local capital and positioning Nigeria as a refined-fuel exporter
Nigeria Appoints New Commander for Northeast Military Operations
Major General Ibikunle Ademola Ajose takes command of Operation Hadin Kai as insurgent violence persists ahead of January elections
Dangote Refinery Launches $1.6 Billion IPO for African Investors
Africa's richest man offers shares in his Nigerian oil refinery to the public across the continent, targeting 10 million shareholders.
CBN Splits Liquidity Management From Inflation Fight in Money Market Overhaul
Nigeria's central bank opened OMO auctions to individuals and firms and lifted key bank borrowing restrictions, separating daily cash management from its rate-driven inflation strategy.
JBS Locks In $2.5 Billion Indonesia Deal for Asia Push as Nigeria Plans Draw Fire
JBS NV's joint venture with Danantara Investment Management targets protein markets in Southeast Asia, Australia and New Zealand, while a separate $2.5 billion Nigeria plan faces civil society opposition and threatened legal action.
Nigeria Secures $4.5 Billion Oil-Backed Refinancing to Build Reserves, Fund Infrastructure
The National Economic Council approved the facility for NNPC Limited, replacing a $3.3 billion arrangement and freeing capital for infrastructure spending.
Foreign Funds Skip Nigeria's 66 Percent Equity Rally, Chase Bond Yields Instead
International institutional investors bypassed Nigeria's world-leading stock market this year, directing capital into sovereign debt drawn by high yields across the curve.