The Nigerian Stock Exchange (NGX) is preparing for its first listing of a refinery, Dangote Refinery. This event has sparked interest among investors looking to gain from the country’s economic growth.
The Nigerian government aims to take Nigeria to the next frontier market status by attracting foreign direct investment and improving infrastructure. Investors have already seen significant gains in the country’s equity market, with a total value of $5 billion worth of stocks being valued at over $100 billion.