Dangote is seeking $1.6 billion from investors to finance a $14.3 billion expansion and thus double the refinery’s capacity. The offer could give millions of Nigerians a stake in the company. But who can truly afford it?
More in World
Germany news: Merz urges CDU discipline as pressure grows
September 14, 2026
Ukraine: AfD questions German aid, Berlin remains committed
September 14, 2026
The Crusades: How a medieval Holy War still shapes politics
September 14, 2026
Nepal: thousands still missing as flood recovery begins
September 14, 2026
EU leaders urge unity after Russian strike on train
September 14, 2026
Berlin businesswoman charged with spying for Russia
September 14, 2026
Latest News
Volkswagen’s slippery new EV breaks a bunch of efficiency records
September 14, 2026
Adam Conover explains how YouTube ruined everything
September 14, 2026
World Grand Prix draw confirmed as Littler looks to defend title
September 14, 2026
BMW PGA Championship: Field, format and prize money as McIlroy returns
September 14, 2026
Aston Villa latest: Merson's verdict on potential relegation battle
September 14, 2026