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Home World Africa

Dangote to Offer Dollar Dividends to Nigerian Shareholders in Refinery

12 December 2025
in Africa
0
Dangote to Offer Dollar Dividends to Nigerian Shareholders in Refinery
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Dangote announced that the refinery’s listing will provide naira investors with unique dollar-denominated dividends, supported by $6.4 billion in export earnings. He aims to increase group revenue to $100 billion by 2030 and plans to more than double the refinery’s capacity to 1.4 million barrels per day. This positions the stock as a key investment on the Nigerian Exchange (NGX). The initiative marks a significant step in Nigeria’s economic landscape.

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Tags: DangoteDividendsdollarNigerianofferrefineryShareholders
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