Dangote Acquires 24.7% Stake in KPC, Outpacing Top Oil Firms

Dangote Acquires 24.7% Stake in KPC, Outpacing Top Oil Firms

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This announcement marks the acquisition of a 24.76 percent stake in KPC by Mr. Dangote, positioning him to earn an estimated Sh1.44 billion in dividends. The dividend payout proposed by KPC is Sh0.32 per share, highlighting the financial significance of this stake.

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Originally published by gnews