VIDEO: Davido joins Dangote at Times Square, New York, as refinery IPO hits Nasdaq Billboard

Nigerian singer Davido appeared in New York's Times Square alongside Aliko Dangote. The occasion was the advertisement of the Dangote Petroleum Refinery's Initial Public Offering on a Nasdaq billboard, according to Punch.

The refinery's listing has generated interest, with the Capital Markets Authority in Kenya warning investors about unverified communications regarding the IPO. The regulator advised investors to rely only on official communications from relevant regulators and issuers.

Nigerian stocks have been performing well, with the NGX All-Share Index gaining 0.14% to 250,156.80 points, up 61% year to date, reports Nairametrics.

Brief written by urgent.news from Punch, Punch Nigeria, Nairametrics, Capital FM Kenya — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.