The Minister of Education, Dr Maruf Tunji Alausa, has commended Alhaji Aliko Dangote and the Aliko Dangote Foundation for plans to acquire Initial Public Offering (IPO) shares of Dangote Refinery on behalf of eligible Nigerian tertiary institution ...
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Biztellers | Nigeria’s fastest-growing online business news medium

Alausa Hails Dangote Foundation’s Plan to Give Four Million Students IPO Shares

The Minister of Education, Dr Maruf Tunji Alausa, has commended Alhaji Aliko Dangote and the Aliko Dangote Foundation for plans to acquire Initial Public Offering (IPO) shares of Dangote Refinery on behalf of eligible Nigerian tertiary institution students.

Alausa described the initiative as an...

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APC Campaign Council Sets Inaugural Meeting for Tuesday Ahead of Kaduna Flag-Off

The All Progressives Congress (APC) Presidential Campaign Council is scheduled to hold its inaugural meeting on Tuesday, October 20, 2026, to consider its campaign calendar and preparations for the campaign flag-off in Kaduna.

The meeting, according to an internal memorandum released on Sunday and...

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Renaissance Capital Sees Significant Upside in Dangote Refinery, Lifts Valuation by 33.4%

Leading investment research firm Renaissance Capital Africa (RCA) has upgraded its valuation of Dangote Petroleum Refinery and Petrochemicals (DPRP) to N700.41 per share, implying a 33.4 percent upside from the refinery's IPO offer price of N525 per share.

According to RCA, the valuation increase...

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Dangote Refinery IPO Elicits Participation in 90 Countries Globally

The Dangote Petroleum Refinery & Petrochemicals (DPDP) has revealed that its ongoing Initial Public Offering (IPO) has attracted exceptional participation from investors across Africa and around the world, with subscriptions received from more than 90 countries, including investors from 51 of...

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Makinde Fires Back at Presidency, Insists on ₦9tn NLNG Dividend Shortfall

Oyo State Governor Seyi Makinde has challenged the Presidency to explain how Nigeria Liquefied Natural Gas (NLNG) dividends were distributed among states and local governments, insisting that a reconciliation exercise identified a shortfall of about ₦9 trillion.

Makinde’s position was contained...

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