Dangote refinery reports 4.73 billion dollars in profit over nine months
The Nigerian refinery more than doubled its revenue over nine months. The accounts are still unaudited, and the 1.6 billion dollar offer remains open.
English coverage and data for Dangote Petroleum Refinery.
The Nigerian refinery more than doubled its revenue over nine months. The accounts are still unaudited, and the 1.6 billion dollar offer remains open.
The company cites strong demand and wants to widen access for African investors to an offering still subject to national rules.
The 2,150 billion naira offer is registered in Nigeria, forcing investors from other countries to go through their own regulators and a limited number of intermediaries.