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World

Dangote's Refinery IPO Could Make Him Africa's First $60bn Man

The flotation of Dangote Petroleum Refinery and Petrochemicals on the Nigerian Exchange could add $23 billion to Aliko Dangote's net worth, pushing it to nearly $60 billion. If the listing succeeds, it will be the largest IPO in African history — and a defining moment for Nigeria's capital markets.

4 days ago·3 min