Refinery IPO: Dangote Gives Bonus Shares to Students
Aliko Dangote woos Nigerian students with SSGI An initiative designed to offer 10 bonus shares to students who subscribe to the initial public offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals FZE has been launched by the Aliko Dangote Foundation (ADF). This scheme, known as the Student Share Grant Initiative, is open to students aged 18 years and above in public and private tertiary institutions across Nigeria, It is to help young Nigerians begin their investment journey early while…
World Leaders Reassess Their Dependence on the United States as Global Security Tensions Rise
World Leaders reconsider dependence on US as security tensions rise For decades, the United States has occupied a central position in the international security system. Its military alliances, intelligence networks, weapons industry, naval presence and diplomatic influence have helped shape the balance of power across Europe, Asia and the Middle East. But in 2026, several developments are forcing U.S. allies to reconsider how much they should depend on Washington — and how quickly they need to strengthen their own capabilities.…
Xi visit to Washington all pomp but little progress so far
Xi visit to Washington with pomp At least so far, Chinese President Xi Jinping’s visit to Washington has been all pomp and little obvious progress on pressing issues. From the ceremonial welcoming at a military air base on Wednesday to the honour-guard arrival at the White House this morning, President Donald Trump rolled out the red carpet – literally and figuratively – for his Chinese counterpart. The public remarks from the two leaders have teemed with warm words and diplomatic…
Two pilots eject and parachute out of RAF plane before crash
Two pilots parachuted out before crash Two pilots ejected and parachuted out of their plane before the RAF training aircraft crashed and burst into flames, appearing to narrowly miss homes. North Wales Police said the pilots of the RAF T2 Hawk aircraft were being treated for minor injuries following the incident in the Pencarnisiog area of Anglesey. The force said helicopters from the Coastguard and the Wales Air Ambulance were sent to the scene close to RAF Valley on the…
Canada raises study permit, visitor visa processing times for Nigerians
Canada ups Nigerians visas processing timesvisas processing times to 10 weeks Nigerians applying to study or visit Canada are facing longer visas processing times, following the latest update by Immigration, Refugees and Citizenship Canada. The processing time for study permits submitted from Nigeria increased from nine weeks to 10 weeks as of September 16, according to the latest figures released by IRCC. The estimated processing time for visitor visas also increased from 84 days to 87 days. The figures, compiled…
Dangote profits from Europe fuel crunch as IPO tests investor appetite
Dangote reaps as Middle East supply shakes Nigeria’s Dangote oil refinery has emerged as a key supplier of fuel to Europe following disruptions to Middle East exports, highlighting its growing influence on global fuel markets and generating record profits ahead of its stock market debut. Ramping up fuel exports this year during the crisis has enabled the Lagos-based refinery to deliver a net profit of $1.82 billion in the first half of 2026 on revenue of more than $13 billion,…
In First Hour, Dangote Refinery’s $1.6B IPO Surges
Dangote is offering 4.1 billion shares at N525 each, targeting about $1.6 billion IPO More than $7 million (N10 billion) was committed by thousands of investors within the first hour of Dangote Petroleum Refinery’s initial public offering. This momentum signals strong early interest and aligns with expectations for the $1.6 billion IPO, which could become Africa’s largest-ever share sale. The Nigerian energy company opened the offer on Monday, September 14, seeking to raise about $1.6 billion (N2.15 trillion) through the…
FULL LIST: Dangote Refinery approves 32 channels to buy shares
Dangote Refinery has released 32 institutions for it’s IPO Dangote Refinery and Petrochemicals FZE has approved 32 banks, fintech companies, mobile network operators and investment platforms through which investors can subscribe for its shares when its public offer opens.The company disclosed the approved channels on its official initial public offering (IPO) website, urging prospective investors to use only the listed platforms when subscribing for shares.According to the company, the approved subscription channels include 19 banks, 10 fintech firms, two mobile…