Nigeria Launches Big Share Sale for Dangote Refinery

Nigerian billionaire Aliko Dangote has started the largest share sale in Africa, offering 4.1 billion shares of his Lagos refinery. This move is called a "people's IPO" because it aims to allow all Nigerians to benefit from the refinery's success. Trading is set to begin in November, and this event is important for Nigeria's economy.

Based on reporting from France 24. Read the original story →