FCMB backs Dangote refinery IPO, targets wider participation

FCMB Group has taken key roles in the initial public offering of Dangote Petroleum Refinery and Petrochemicals FZE, with the oil company offering 4.1 billion ordinary shares at N525 each. The offer, valued at about N2.15tn if fully subscribed, opened on September 14 and is scheduled to close on October 13. FCMB Group is participating

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