Dangote Refinery IPO: 10 things Nigerian investors must know before buying
SEC’s approval clears the way for Dangote refinery IPO Issue The Securities and Exchange Commission, SEC’s approval clears the way for a potential ₦2.15 trillion Initial Public Offering, IPO, giving public investors an opportunity to own a stake in one of Africa’s largest industrial assets. The proposed IPO of Dangote Petroleum Refinery and Petrochemicals FZE is shaping up to be a landmark transaction for Nigeria’s capital market. The SEC approved the commencement of the offering, clearing the refinery’s draft offer…
Dangote refinery says the IPO to open within days
Dangote refinery IPO launches in days The initial public offering of Nigeria’s Dangote refinery, the largest on the continent, will open in the next 10 to 12 days, owner Aliko Dangote said on Thursday. “So our dream is that we want to make sure we double the capacity of the refinery … which will take us to 1.4 million barrels per day. The IPO will open in the next 10 to 12 days,” Dangote told investors and analysts in Botswana,…
Russia warns UK it could be a target in response to Kyiv firing British missiles
Russia warns UK of imminent attack The warning, delivered by Russian Foreign Ministry spokesperson Maria Zakharova at a news briefing in Moscow, is the strongest direct one to date from Russia to Britain. Moscow has warned that it could strike British military targets inside and outside Ukraine if Kyiv continues to fire long-range UK-made cruise missiles into Russia. The warning, delivered by Russian Foreign Ministry spokeswoman Maria Zakharova at a news briefing in Moscow on Thursday, is the strongest direct…
Donald Trump announces fresh ‘economic warfare’ on Iran
US not done with economic warfare on Iran, yet Tehran is not conceding Donald Trump has said the US is mounting a fresh campaign of “economic warfare” against Iran, while warning that there would be “tremendous” consequences for any country that trades with the Islamic republic. “I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!” the US president said in a post on his Truth Social platform late on Wednesday. “This will be an ECONOMIC D-DAY,…
Samsung Officially Launches Galaxy Z Fold8 Ultra, Watch Ultra2, and Watch9
Samsung debutes Galaxy Z Fold8 series All-new Galaxy Z series opens a new chapter in foldables with three distinct experiences designed for Ultra productivity, immersive discovery and self-expression, joined by new Galaxy Watch devices built for deeper health insights. Samsung Electronics Co., Ltd. today announced that the new Galaxy Z series and Galaxy Watch lineup are beginning to roll out worldwide. Galaxy Z Fold8 Ultra, Z Fold8, Z Flip8, Watch Ultra2 and Watch9 are available through carriers, retailers, Samsung.com and Samsung Experience Stores, with sales beginning Aug 7…
FULL LIST: 44 visa-free countries for Nigerian passport holders
Nigeria’s passport has dropped to 90th place in the Henley Passport Index Although Nigeria’s passport has dropped to 90th place in the latest Henley Passport Index, holders can still access 44 destinations without obtaining a visa before departure. The July 2026 edition of the global ranking, released by Henley & Partners on Tuesday, assigned the Nigerian passport a visa-free score of 44. The ranking means Nigerian citizens can access 44 destinations through visa-free entry, visa on arrival or an electronic…
UK releases list of items travellers cannot bring into the country in 2026
UK has updated list of prohibited items for visitors The United Kingdom, UK has published an updated list of prohibited and restricted items that travellers are not allowed to bring into the country in 2026, warning that banned goods will be seized by customs officials at the border. The updated guidance, issued as part of the UK’s border and customs regulations, outlines items that are either completely prohibited or require special licences before they can be imported. According to the…