South African, Nigerian pension funds seek $1 billion stake in Dangote Refinery IPO

Africa’s largest asset manager and Nigerian pension fund administrators have reportedly applied for nearly $1 billion worth of shares in Dangote Petroleum Refinery and Petrochemicals FZE, as institutional investors seek exposure to the company's landmark initial public offering (IPO). The post South African, Nigerian pension funds seek $1 billion stake in Dangote Refinery IPO appeared first on Nairametrics.