refinery stake sale
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Nigeria Fitch Reports Dangote Group to Divest 12.75% Stake in Refinery Over Liquidity Concerns
Fitch Ratings has reported that Dangote Group plans to sell a 12.75% stake in its refinery due to liquidity issues. The divestment aims to service a large loan due in August 2024. Fitch downgraded Dangote Industries Limited's ratings amid financial strain, though GCR Ratings maintains a higher...- Nigeria News
- Article
- 2 min read
- dangote group dangote industries limited liquidity issues refinery stake sale
- Category: Business
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