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Dangote Refinery Targets $50 Billion Valuation Ahead of Dual Listing

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Investors should watch the debt-to-equity ratio; that $50B might be priced for perfection.

Phase II expansion is good, but let’s see the price of petrol at the local pump drop first.

A $50B valuation is bold, but can the NNPC actually guarantee the crude supply to sustain it?

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