Coronation Group Chairman Hails Dangote IPO as Landmark for Africa’s Capital Markets
Chairman of Coronation Group, Aigboje Aig-Imoukhuede CFR, has described the launch of the Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) on the Nigerian Exchange (NGX) as a landmark moment for Nigeria and Africa’s capital markets, highlighting the role of capital markets in financing enterprise, broadening participation in wealth creation and supporting economic…
Aigboje Aig-Imoukhuede CFR, Chairman of Coronation Group, praised the Dangote Petroleum Refinery and Petrochemicals FZE's Initial Public Offering (IPO) on the Nigerian Exchange (NGX) as a historic milestone for Nigeria and Africa's capital markets. He emphasized the importance of capital markets in financing businesses, promoting wealth creation, and fostering economic growth.
Aig-Imoukhuede cited Aliko Dangote's vision for Nigeria's capital markets, governance, and talent as key factors that led to this significant moment. The Lagos State Governor, Babajide Sanwo-Olu, highlighted the offer as a testament to Africa's ability to generate and share capital for its own development. Dangote Industries Limited's President, Alhaji Aliko Dangote, expressed his commitment to expanding market participation and sharing prosperity with Nigerian and African investors.
The IPO offers investors the chance to invest in Africa's most significant industrial enterprise, and Coronation Group is actively aiding investors in accessing the opportunity.
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