The Chairman of Nigerian Exchange Group, Dr Umaru Kwairanga, has disclosed that two companies in the Dangote Industries Group will be listed on the exchange soon. Kwairanga made this revelation on Tuesday during a closing-gong ceremony in honour of the Senate Committee on Capital Market and Institution’s visit to the NGX headquarters in Lagos. He said, “As at last week, the president of Dangote assured me that the Dangote Refinery is going to be listed on this market very soon. He also said that apart from the refinery, he is going to list the fertiliser company (Dangote Fertiliser Limited). In his comments, the Chairman of the Senate Committee on Capital Market & Institutions, Senator Osita Izunaso, stated that the legislative arm of the government would be advising the executive to encourage companies in the energy value chain to list on the capital market.

Source: Punch February 08, 2024 00:38 UTC