Business
Nscale’s IPO Forces Wall Street To Bet On Microsoft And Anthropic
Nscale’s NYSE listing will leave public investors exposed to a company whose 85% of contract value rests with Microsoft and Anthropic.
Retail Nigerians Gain Chance To Own Dangote Refinery Shares
Retail investors are buying 10-share bundles at ₦5,250 as Dangote opens his refinery to public ownership; he retains 87% of the $19 billion asset.
Bamboo App Crashes, Locks Out Investors From Dangote Refinery IPO
Bamboo's app failed after traffic overwhelmed its systems, leaving many users unable to access accounts during the Dangote Refinery public offer.
Dangote IPO Could Push NGX Toward ₦225 Trillion Market Value
The Dangote refinery's planned IPO values the company at ₦65.22 trillion and could lift NGX to about ₦225 trillion. Offer opens 14 September 2026.
Vetiva Leads Dangote Refinery IPO to Broaden Ownership on Sept 14
Vetiva will lead the Dangote Petroleum Refinery IPO opening for subscription on September 14, 2026. The offer includes up to 4.1 billion shares.
Dangote Refinery Sets IPO Price at ₦525 and Seeks $1.5 Billion Raise
Dangote Petroleum Refinery plans to price shares at ₦525, aiming to raise about $1.5 billion to fund a major capacity expansion.
OpenAI Ads Hit $1 Billion Run Rate, Strengthening IPO Case
OpenAI’s ad unit reached a $1 billion annualized run rate about 200 days after launch, bolstering its IPO revenue case.
Unitree Soars in Shanghai IPO, Closes at 845 Yuan After Raising 6.1 Billion Yuan
Unitree's shares climbed as much as nearly 630% and settled at 845 yuan after the company raised about 6.1 billion yuan in its IPO.
Anthropic Reports $11.5 Billion in Preliminary Quarterly Revenue Ahead of Potential IPO
Anthropic’s latest quarterly revenue exceeded $11.5 billion as the Claude maker begins early investor meetings ahead of a potential public listing.
NNPC Listing Plan Returns as Tinubu Signals Full NGX Float
President Bola Tinubu says NNPC Limited will eventually be listed in its entirety on the Nigerian Exchange, reviving a long-standing plan for the state oil company.