The long-awaited public ownership of one of Nigeria’s most significant industrial assets has begun, as the Dangote Petroleum Refinery and Petrochemicals FZE opened its Initial Public Offering (IPO) on the Nigerian Exchange, giving retail and institutional investors an opportunity to acquire a stake in the business. The offer, which opened on September 14, 2026, involves […]
Foreign Outflows Surge by 13.2% to N45.85 Billion, Raising Liquidity Concerns The Nigerian stock market witnessed a significant net foreign investment outflow of N20.19 billion in January 2025, posing potential liquidity challenges. Data from the Nigerian Exchange Limited (NGX), analyzed by Vanguard, indicates that foreign outflows surged to N45.85 billion, surpassing the foreign inflow of […]
