Two Nigerian investment firms, CardinalStone Research and Chapel Hill Denham, have valued Dangote Petroleum Refinery and Petrochemicals FZE at between N77.7 trillion and N82.62 trillion. This valuation is above the N65.22 trillion indicative market capitalisation at which the refinery is expected to list on the Nigerian Exchange (NGX). The refinery is preparing for an initial public offering.
Related Articles
Don't miss out on breaking stories and in-depth articles.