Dangote group set to list on London Stock Exchange.

Africa’s richest man and President, Dangote Group, Alhaji Aliko Dangote, has said his company will be ready to list on the London Stock
Exchange by the end of 2016, Punch reports.

Dangote, in a video interview Bloomberg published on Tuesday, said,

“I think we will list in London.What we are trying to do now, between now and maybe the next
six to 10 months is actually trying to address all the governance issues.

“I think we will be ready to list
sometimes towards ending of 2016
at the latest, which means anytime between the beginning and the end
of 2016.”

Last year, Seplat Petroleum Development Company Plc, an
indigenous oil and gas company, joined the list of Nigerian companies listed on the London Stock Exchange.
Next Post »