Africa’s richest man says refinery shares could rise nineteenfold, but that would value the company near $1 trillion
Africa’s richest man has attached an extraordinary number to Africa’s biggest initial public offering $7.33 (N10,000) per share.
By Ayodeji AdegboyegaSouth Africa
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Aliko Dangote says shares in his refinery could eventually rise from N525 to N10,000, although he provided no timetable.
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About this article
- Length
- 19 words · 1 min read
- Published
- September 13, 2026
- Byline
- Ayodeji Adegboyega
- Source
- Business Insider