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BUSINESSSep 14Africa’s richest man aiming to make $23bn from continent’s biggest-ever IPOPublic offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two-thirdsThe fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering.If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals on the Nigerian exchange goes to plan, then Aliko Dangote will add a further $23bn (£17bn) to his $35bn net worth. Continue reading...Guardian World
BUSINESSSep 14Between Glencore and Mercuria, how far will the battle for critical minerals go?Longtemps dominé par les négociants historiques comme Glencore, le marché des minerais africains voit émerger une nouvelle concurrence. Mercuria, venu de l’énergie, accélère dans le cuivre, le cobalt et le zinc. Une rivalité à l’œuvre en Guinée et en RDC.Jeune Afrique
BUSINESSSep 14Almonty forms Rwanda tungsten venture; government to take 25% stakeAlmonty has established a tungsten venture in Rwanda, with the Rwandan government acquiring a 25% stake. This represents a new business and government partnership in the mining sector.Seeking Alpha Tech
BUSINESSSep 14Dangote Refinery Will Be The Largest Company In Africa By December End — AlikoThe IPO, which opens today, September 14, 2026, consists of 4.1 billion new ordinary shares offered at N525 per share, with a minimum subscription of 10 shares valued at N5,250. The post Dangote Refinery Will Be The Largest Company In Africa By December End — Aliko appeared first on Channels Television.Channels TV
BUSINESSSep 14Dollar Dividend From Refinery Shares Will Pay Your Children’s School Fees Abroad, Dangote Assures InvestorsThe offer is expected to remain open until October 13, 2026, subject to the terms outlined in the Prospectus. The post Dollar Dividend From Refinery Shares Will Pay Your Children’s School Fees Abroad, Dangote Assures Investors appeared first on Channels Television.Channels TV
BUSINESSSep 14Kleannara expands eco-friendly paperboard exports into South AfricaThe eco-friendly paperboard delivers greater strength, water resistance, and print quality than conventional alternatives, positioning it for premium segments like home meal replacement and household goods.sustainabilitymea · kuwait
BUSINESSSep 14Refinery IPO Is About Democratising Wealth Creation, Not About Raising Money — DangoteThe IPO, which opens today, consists of 4.1 billion new ordinary shares offered at N525 per share, with a minimum subscription of 10 shares valued at N5,250. The post Refinery IPO Is About Democratising Wealth Creation, Not For Raising Money — Dangote appeared first on Channels Television.Channels TV
BUSINESSSep 14Three African economies show how China’s slowdown is reshaping tradeFrom Angolan oil to Congolese copper, China's economic slowdown is creating new winners and losers across Africa. The post Three African economies show how China’s slowdown is reshaping trade appeared first on Atlantic Council.Atlantic Council
BUSINESSSep 14Somalia seeks new shipping routes as regional tensions disrupt tradeWith longer routes potentially increasing costs and delays, disruptions could eventually affect prices and supplies in Somali markets.Africanews [en]
BUSINESSSep 14Dangote Refinery plans US listing in three to four years“By doing so, because the company will be very, very large, we will be having 10 per cent of the total America’s capacity,” Mr Dangote added. The post Dangote Refinery plans US listing in three to four years appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14Nigerian newspapers review: Fuel price rises, deepens pressure on transporters, businesses, othersIn today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the surge in international crude oil prices above $100 per barrel which is pushing up petrol prices across Nigeria, with major marketers raising pump prices and creating fresh pressure on transporters, commuters, households and businesses. The post Nigerian newspapers review: Fuel price rises, deepens pressure on transporters, businesses, others appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14[LIVE] Dangote Refinery IPO: Opening Gong Ceremony And Facts Behind The Offer PresentationThe public offer which commences on Monday, September 14, 2026, with 4.1 billion new ordinary shares being offered at N525 per share. The post [LIVE] Dangote Refinery IPO: Opening Gong Ceremony And Facts Behind The Offer Presentation appeared first on Channels Television.Channels TV
BUSINESSBREAKINGSep 14BREAKING: Billions of naira subscribed by investors within minutes of Dangote Refinery’s IPO opening – Official“With this particular, sterling, historic offer and what I have seen in the data room, where already billions of naira have been subscribed by thousands of investors within minutes or under an hour, you are a blessing to humanity," said Mr Aig-Imoukhuede, a one-time chairman of the bourse. The post Billions of naira subscribed by investors within minutes of Dangote Refinery’s IPO opening – Official appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14Dangote launches refinery’s N2.15tn IPO on NGXThe IPO, which opened on Monday, September 14, 2026, comprises 4.1 billion new ordinary shares priced at N525 each. The post Dangote launches refinery’s N2.15tn IPO on NGX appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Africa's biggest oil refinery opens to public ownership, sparking excitement among retail investorsAfrica's largest oil refinery is now open to public ownership, generating considerable interest among retail investors. This represents a major development in the continent's energy and financial sectors.Yahoo Finance
BUSINESSSep 14‎Lagos: Commuters stranded as commercial bus drivers strike over alleged extortion‎Some of the commercial bus drivers who spoke with Vanguard lamented that the alleged extortion had continued to increase daily, describing the situation as unbearable. The post ‎Lagos: Commuters stranded as commercial bus drivers strike over alleged extortion appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14"Historic", "systemic", "popular": everything you need to know about the Dangote refinery's stock market listingAliko Dangote introduit sa raffinerie en Bourse dès le 14 septembre, visant 1,62 milliard de dollars. Une opération qui pourrait devenir la plus grande IPO de l’histoire africaine.Jeune Afrique
BUSINESSSep 14Nigeria's Dangote bills refinery IPO as chance for ordinary Africans to buy inShares in Africa’s largest oil refinery went on sale on Monday with the initial public offering of Dangote Petroleum Refinery and Petrochemicals. Owner Aliko Dangote, the continent's richest man, says it's a chance for ordinary Africans to buy in.Africanews [en]
BUSINESSSep 14US says removal of maritime restrictions on Nigeria will improve shipping operationsMr Garcia described the removal of US restrictions as evidence of the country’s “sustained strengthening of port security and anti-terrorism compliance.” The post US says removal of maritime restrictions on Nigeria will improve shipping operations appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14Transcorp, AXA Mansard, GTCO top stock pick this weekThis is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post Transcorp, AXA Mansard, GTCO top stock pick this week appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14Dangote Refinery opens order book for $1.6 billion Africa’s biggest IPO-The month-long share sale, which is out to sell 4.1 billion shares at N525 ($0.000013) per unit, will run through 13 October, with listing scheduled for November. The post Dangote Refinery opens order book for $1.6 billion Africa’s biggest IPO appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 14Dollar to Naira exchange rate today, September 14, 2026The Nigerian naira opened the new week relatively stable against the United States dollar, with the official market rate remaining significantly below the parallel-market quotation. The post Dollar to Naira exchange rate today, September 14, 2026 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Stock market losses N1.9trn to profit-taking•Analysts finger Dangote Refinery IPO By Peter Egwuatu The Nigerian equities market reversed bullish trend last week, as N1.9 trillion was lost to widespread profit-taking across major stocks. The market was bullish penultimate week, as investors gained N3.73 trillion on the Nigerian Exchange Limited, NGX. However, last week’s trading was characterised by heavy selling pressure […] The post Stock market losses N1.9trn to profit-taking appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 14Manufacturers’ unsold goods rise to N1.7trnManufacturing companies across sectors listed on the Nigerian Exchange Limited, NGX, entered the second quarter of 2026 with combined inventories (unsold goods) of about N1.77 trillion, even as their cost of sales rose to N1.43 trillion, highlighting the growing financial pressures confronting businesses and consumers. The post Manufacturers’ unsold goods rise to N1.7trn appeared first on Vanguard News.Vanguard Nigeria