{
  "id": 8048254,
  "title": "Don’t sell your house to buy Dangote shares, Emir Sanusi tells investors",
  "url": "https://urgent.news/2026/09/17/dont-sell-your-house-to-buy-dangote-shares-emir-sanusi-tells-investors-8048254",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T15:40:47.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/dont-sell-your-house-to-buy-dangote-shares-emir-sanusi-tells-investors/"
  },
  "original_language": "en",
  "account": "The Emir of Kano, Muhammadu Sanusi II, has cautioned investors against using their children's school fees or selling their homes to invest in shares. Speaking at a Dangote Refinery Initial Public Offering investor roadshow in Kano, Sanusi emphasized that prospective investors should put money aside for the long term, suggesting amounts like N10,000, N20,000 or N30,000. He advised against taking money meant for children's education or selling one's home to invest. Sanusi urged Kano residents and other potential investors to invest only what they can afford to set aside for a while, assuring them that, with the right fundamentals, the investment would grow over time. The Emir, representing his people, expressed his desire for Kano residents to become shareholders in the refinery founded by Kano-born businessman, Aliko Dangote. He urged other groups, such as unions, to educate their members about the investment opportunity. Sanusi also highlighted that the location of the refinery should not deter Kano residents from investing, as shareholders, not the location of the facility, determine ownership.",
  "summary": "The Emir of Kano, Muhammadu Sanusi II, has warned investors against selling their homes or using school fees to buy Dangote Refinery shares during an IPO r Read More: https://punchng.com/dont-sell-your-house-to-buy-dangote-shares-emir-sanusi-tells-investors/",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "BusinessDay Nigeria",
        "title": "Sanusi backs Dangote’s move to widen Kano residents’ stake in industrial investment",
        "url": "https://urgent.news/2026/09/17/sanusi-backs-dangotes-move-to-widen-kano-residents-stake-in",
        "published": "2026-09-17T15:00:18.000Z"
      },
      {
        "outlet": "Punch Nigeria",
        "title": "Don’t sell your house to buy Dangote shares, Emir Sanusi tells investors",
        "url": "https://urgent.news/2026/09/17/dont-sell-your-house-to-buy-dangote-shares-emir-sanusi-tells-investors",
        "published": "2026-09-17T15:10:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}