In a defining moment for Nigeria’s capital market, the Nigerian Exchange Group (NGX) Plc, yesterday has announced plans to list economic heavyweights such as the Dangote Refinery on the local bourse before the end of 2025.
Addressing shareholders at the Group’s 64th Annual General Meeting in Lagos, the NGX Group Chairman, Umaru Kwairanga, projected a confident vision of strategic repositioning and market expansion, disclosing with confidence that Dangote Refinery is expected to list on the Exchange before the end of this year.
He revealed the NGX Group’s active pursuit of large-ticket listings to transform the bourse’s stature, citing strategic engagements with both the Dangote Group and the NNPC.
“Even if it’s 20per cent or 30per cent, let a part of NNPC be listed. This is the platform of transparency and innovation. It is time to democratise wealth and allow the Nigerian public to benefit from our national assets.”
He underscored the Group’s commitment to deepening market offering and credibility, boosting investor confidence, and aligning with President Bola Tinubu’s $1 trillion economy target.
