By the AFREEQUE newsroom, based on Le Monde
The Nigerian Dangote refinery’s stock market listing is due to end on Tuesday 27 October, with investors expected to oversubscribe. The Lagos megarefinery is also reporting sharply higher profits amid favourable fuel prices, Le Monde reports.
Ongoing story · day by day
The Dangote refinery opens its share offering, targets $1.6 billion, and extends its stock-market listing.
22 OctNyoro accuses Ruto and Dangote of seeking control of Kenya Pipeline Company
22 OctAliko Dangote would rather go to prison than lose his phone21 OctDangote announces $50 billion investment in AfricaA building collapse in Lagos’s Fadeyi area killed one person and injured three, while workers may still be trapped. The Lagos State Emergency Management Agency is coordinating the search with firefighters, paramedics and police, reports Channels TV.
🇳🇬 Nigeria · Source: Punch ·
The Gambian draft budget provides 16.17 billion dalasis for debt servicing in 2027, or 37.2% of recurrent expenditure. Presented on 23 October by Finance Minister Seedy Keita, the bill still has to be debated and approved by the National Assembly, reports Kerr Fatou.
🇬🇲 Gambia · Source: Kerr Fatou ·
Nigeria has added 544 megawatts of electricity transmission capacity through four substations commissioned in Kano, and reconnected Lee Group to the national grid after more than 30 years. A 132/33 kV substation is also due to be completed in Katsina in March 2027, according to the Federal Ministry of Power.
🇳🇬 Nigeria · Source: ThisDay ·
Twenty-four Nigerian state assemblies have approved a constitutional amendment paving the way for a dual policing system, with forces also reporting to the states. The majority reaches the threshold required to amend the Constitution, Punch reports in its roundup of the main news on 23 October.
🇳🇬 Nigeria · Source: Punch ·
Nigerian medical outreach treats 10,000 people in KadunaNigerian organisation BATMEDICS provided free healthcare to about 10,000 people in seven locations in Kaduna State, including 3,000 eye screenings and 212 surgical procedures. The initiative, conducted with the medical directorate of the APC presidential campaign, aimed to bring health services closer to disadvantaged communities, according to Petra Akinti Onyegbule, BATMEDICS communications director.
Burkina Faso mobilises 67.2 billion for 120,000 householdsBurkina Faso’s government has approved the ratification of CFA-franc 67.2 billion in funding to support 120,000 vulnerable households over five years. The project includes 4,800 cooperatives, 1,200 local economic units and several storage facilities, according to the Council of Ministers’ report.The week in Africa
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