Nigeria cleared its pension funds to invest in Aliko Dangote's refinery IPO and now he says the listing will democratise African wealth
Billionaires Africa | 20.05.2026 07:00
Nigeria's National Pension Commission has cleared pension fund administrators to invest retirement savings in the planned initial public offering of Dangote Petroleum Refinery and Petrochemicals FZE, suspending rules that normally keep pension money away from companies with no dividend track record, in what the regulator described as a specific and singular exception tied to the project's national strategic importance.
