Dangote Refinery Opens Landmark IPO as African Investors Gain Public Stake in Major Industrial Asset
Dangote Petroleum Refinery and Petrochemicals has opened what is being described as Africa’s largest initial public ...
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Tag: Nigeria economy
Dangote Refinery secures $1bn backing ahead of IPO
Dangote Petroleum Refinery has secured a $1 billion underwriting programme ahead of a proposed stock-market listing ...
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Lafarge Africa Enters a New Corporate Era Following Ownership Transition
One of Nigeria’s largest building materials producers has formally entered a new phase in its corporate ...
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Standard Bank Signals Support for Dangote Refinery Listing
Africa’s largest financial institution, Standard Bank Group, has indicated continued support for Dangote Industries Limited, including ...
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Nigeria–South Africa Trade Reaches 2.16 Billion Dollars as Energy Ties Grow
Bilateral trade between Nigeria and South Africa reached approximately 2.16 billion United States dollars in 2025, ...
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Afreximbank anchors $4bn refinancing for Dangote refinery
The African Export-Import Bank has underwritten $2.5 billion of a $4 billion syndicated facility for the ...
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Dangote Refinery Exports 456000 Tonnes of Fuel as Intra African Energy Trade Gains Momentum
The Southern African Times reports that the Dangote Petroleum Refinery has exported approximately 456000 tonnes of ...
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MTN Moves to Fully Acquire IHS in 2.2 Billion Dollar Deal
MTN Group has announced an agreement to acquire the remaining 75 percent stake in IHS Holding ...
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Nigeria Set to Surpass South Africa in Africa’s Global Growth Contribution
Recent projections from the International Monetary Fund suggest that Nigeria may become Africa’s largest contributor to ...
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Frigoglass Divests Nigerian Operations to Helios in €100 Million Transaction
Frigoglass Group has reached an agreement to sell its entire stake in Frigoinvest Nigeria Holdings B.V., ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.