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Dangote Targets NYSE Listing, 1.4mbpd Refinery Capacity Development With IPO Proceeds

The president and chief executive of Dangote Industries Limited, Aliko Dangote, has disclosed plans to expand the Dangote Petroleum Refinery’s capacity from 700,000 barrels per day (bpd) to 1.4 million bpd, with proceeds from its ongoing Initial Public Offering (IPO) expected to support the expansion. Dangote also revealed that the refinery plans to list on […]
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