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Four major upstream transactions in two weeks — Oando raising $750 million, NNPC doubling Dangote’s crude supply, Seplat making NGX history, and Petrobras entering the Gulf of Guinea.
The FTSE upgrade, the Dangote IPO, and a $4.61 trillion banking recapitalization all landed in the same month.
The $29.1 billion Sysco deal will generate approximately $17 billion in personal proceeds. Every private bank in southern Africa is asking where it goes.
BUA Cement profit up 381 percent, BUA Foods proposing a record N504 billion dividend, and over $400 million flowing to him personally in a single season.
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