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KOSPI Down 0.58% Tuesday

[Economy] : The benchmark Korea Composite Stock Price Index went down 40-point-87 points, or zero-point-58 percent, on Tuesday to close at six-thousand-954-point-52.

Nigeria: Dangote Refinery Sets Minimum Subscription for $1.6 Billion IPO

[Premium Times] Aliko Dangote, Africa's richest man and owner of the 700,000 barrel-per-day (bpd) plant, led the sign-off ceremony in Lagos on Monday.

  • Dangote Refinery's $1.6 billion IPO is Africa's largest public equity sale.
  • Minimum subscription is 10 shares at N5,250 per unit for retail investors.
  • IPO runs from September 14 to October 13, with capacity to be doubled to 1.4 million bpd.

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