Law firms

Africa’s largest IPO hands lead roles to top Nigerian trio

Africa’s largest IPO hands lead roles to top Nigerian trio

Three of Nigeria’s top law firms have taken the lead roles on the listing of Africa’s largest oil refinery, in what is set to be the continent’s biggest-ever IPO.

Banwo & Ighodalo, AELEX and Olaniwun Ajayi LP are all advising on the IPO of Dangote Petroleum Refinery & Petrochemicals, which is owned by Nigerian billionaire businessman Aliko Dangote, Africa’s richest man.

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