Nigerian billionaire Aliko Dangote's refinery stake could be worth $55 billion
Renaissance Capital now values Africa's biggest refinery at ₦700.41 a share, which would make Aliko Dangote's stake worth about $55 billion.
Renaissance Capital
A vehicle that bought First HoldCo shares at ₦31 is selling them at ₦110
RC Investment Management is selling 10.4 billion First HoldCo shares at ₦110, having bought them at ₦31 last year. The bank receives no proceeds.