Dangote Urges Lotus Capital to Expand Financing for Key Sectors

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has called on Lotus Capital Limited to increase its support for Nigeria’s real sector by financing critical areas of the economy. The call comes as the financial institution plans to expand its financing activities across agriculture, real estate, renewable energy and industry. The Managing Director…

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Dangote Refinery IPO Set to Open September 14, Targets $1.5 Billion to Double Capacity in Africa

“So our dream is that we want to make sure we double the capacity of the refinery … which will take us to 1.4 million barrels per day. The IPO will open in the next 10 to 12 days,” he said, adding that the goal is to double the refinery’s capacity from its current capacity.

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