Politics

The Dangote Refinery IPO has quickly become one of Nigeria’s biggest investment stories. With shares priced at ₦525 each, many investors are asking whether the refinery is genuinely worth that much or whether the excitement has pushed expectations too high.  An IPO (Initial Public Offering), allows the public to buy shares in a company for the first time. For Dangote Refinery, it gives Nigerians and other eligible investors an opportunity to own a small stake in one of Africa’s largest industrial projects.  Why the Valuation Is Being Questioned  Supporters believe the valuation reflects the refinery’s enormous potential. It is…

On October 20, 2020, something broke between Nigeria’s youth and the state.  The EndSARS movement had begun weeks prior as a protest against police brutality, particularly the abuses associated with the Special Anti-Robbery Squad division. But it quickly became bigger than SARS. Across Nigeria and globally, young people took to the streets and social media, demanding accountability and a government that would listen.  For a brief moment, it felt possible, and momentum had been established.  Social media became an…