AGP Executive Report
Last update: 10 hours agoCapital Markets & Energy: Aliko Dangote kicked off the ₦2.15tn Dangote Petroleum Refinery & Petrochemicals IPO on NGX, offering 4.1bn new shares at ₦525, with the offer running to Oct. 13; Dangote pitched the refinery as a long-term wealth builder and said it could become Africa’s biggest company by end-December. Investor Protection: Nigeria’s SEC simultaneously warned investors to use only authorized receiving agents and approved subscription channels, cautioning against fake platforms and off-channel payments. PFAS Accountability: Chemours, DuPont and Corteva agreed a $455m settlement with North Carolina and local entities over “forever chemicals” claims tied to Fayetteville Works, with payments over 15 years. Battery Materials: Kemira began iron phosphate pilot production in Helsingborg, Sweden, aiming to support LFP battery supply chains. Regulatory/Compliance: U.S. agents arrested managers tied to pill-press equipment and binding agents allegedly used to make illicit drugs, including fentanyl-laced fake pills.
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