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Energy

Chapel Hill Denham Initiates Dangote Refinery Coverage with $62.5 Billion Fair Value Benchmark

Securities firm Chapel Hill Denham has formally initiated equity research coverage on Dangote Petroleum Refinery & Petrochemicals FZE (DPRP), placing the company's current fair market equity value at $62.53...
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Economic Management Team Advances Coordinated Planning

Bala Augie -
Nigeria’s Economic Management Team (EMT) met in Abuja and approved the establishment of a committee to harmonise macroeconomic assumptions...
Energy

Chapel Hill Denham Initiates Dangote Refinery Coverage with $62.5 Billion Fair Value Benchmark

Bala Augie -
Securities firm Chapel Hill Denham has formally initiated equity research coverage on Dangote Petroleum Refinery & Petrochemicals FZE (DPRP),...
Companies

N2.2 trillion IPO: Dangote Refinery Targets 10 million Subscribers

Bala Augie -
… Nigerians to Buy Shares Using BVN The Dangote Petroleum Refinery and Petrochemicals (DPRP) landmark Initial Public Offering (IPO) valued...
Energy

ADNOC Explores Equity Stakes in Dangote’s Lagos Mega-Refinery and Kenyan Expansion

Bala Augie -
Abu Dhabi National Oil Co. (ADNOC) is in discussions to acquire equity stakes in Dangote Petroleum Refinery & Petrochemicals...
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Aliko Dangote and Investment Banks Sign Africa’s Biggest IPO

Bala Augie -
Aliko Dangote signed the offering documents for his refinery's initial public offering at the Eko Hotel in Lagos on...
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Dangote Refinery Generated $2.6Bn EBITDA, $1.82Bn Profit in H1 as Renaissance Sees N696 as Fair Value

Bala Augie -
Dangote Petroleum Refinery & Petrochemicals FZE generated $2.60 billion of EBITDA in the first half of 2026, delivering an...
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Economic Management Team Advances Coordinated Planning

Nigeria’s Economic Management Team (EMT) met in Abuja and approved the establishment of a committee to harmonise macroeconomic assumptions...
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NCS On Track To Achieving N11trn Annual Revenue Target, Says Oyedele

Bala Augie -
The Nigeria Customs Service (NCS)  is on track to achieving its N11 trillion annual target, according to Minister of...
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Coalition Urges ECOWAS, AU To Protect Local Interests In Multinational Ventures

Bala Augie -
A coalition of Civil Society Organisations (CSOs) has urged the ECOWAS, the African Union, and governments across Africa to...
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Traders Raise Alarm Over Alleged Circulation of N1,000 Counterfeit In Kwaya Kusar, Borno 

Bala Augie -
Traders at the Kwaya Kusar Grains Market, Kwaya Kusar Local Government Area (LGA) of Borno have raised an alarm...
Economy

Fuel Subsidy Is ‘Accounting Magic,’ Accord Party’s Olawepo-Hashim Says Petrol Overpriced In Nigeria

Bala Augie -
Accord Party presidential aspirant, Gbenga Olawepo-Hashim, has described Nigeria’s long-running fuel subsidy debate as “accounting magic,” arguing that the...
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Equities Market Closes Week With N405bn Gain

Bala Augie -
The equities market sustained its upward momentum on Friday, closing the week on a strong note as investors gained...

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