N100,000 investment can make investors millionaires in two years – Dangote
President of Dangote Industries Limited, Aliko Dangote, has said investors who buy and hold shares in Dangote Petroleum Refinery and Petrochemicals could potentially become millionaires within one or two years if the company’s share price rises significantly. Dangote stated this in an interview with Arise TV aired on Tuesday while discussing the refinery’s initial public Read More:…
Aliko Dangote, the President of Dangote Industries Limited, has shared that investing in Dangote Petroleum Refinery and Petrochemicals could potentially make investors millionaires within one or two years if the company's share price increases significantly. The refinery's shares are currently being offered at N525 each, with Dangote expressing hope that the price could rise to between N5,000 and N10,000, contingent on market conditions.
Dangote hopes that the N525 offer price might reach N10,000, similar to how shares listed at N100 have risen to N1,000 in the past. He advises investors not to sell their shares prematurely, as they can benefit from dividends over time.
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