Dangote Petrochemicals listing on NGX to strengthen Nigeria’s stock market | Warner Bros Discovery splits streaming from cable TV
Here is what you need to know about this week's Global news review and how it affects you and your business + a lot of goodies for you!
Nigerian News: Dangote Petrochemicals listing on NGX to strengthen Nigeria’s stock market
The Nigerian Exchange Group (NGX) is actively preparing for the listing of Dangote Petrochemicals, a move expected to significantly boost market capitalization and deepen Nigeria’s capital markets.
Our thoughts:
A major move is coming to the Nigerian capital markets — and it’s one you should keep a close eye on. The Dangote Group is planning to list its petrochemicals business on the Nigerian Exchange (NGX), and this spin-off could unlock massive value for both the company and the economy.
Here’s what you need to know — broken down Money Wit style 👇
What’s All This About Polypropylene?
The star of this story is polypropylene – a type of plastic you’ve likely interacted with more times than you can count:
The sack of rice or fertilizer in the market? Polypropylene.
That bottle cap or margarine tub? Polypropylene.
The disposable syringe at the clinic? Polypropylene.
Even the diaper or face mask? You guessed it… polypropylene.
It’s lightweight, tough, recyclable, and incredibly versatile — used by packaging companies, automakers, hospitals, textile firms, and more.
Why This Matters to Nigeria
Right now, Nigeria imports most of the polypropylene it uses. But with the Dangote Petrochemical Plant’s 900,000 metric tons/year capacity, that’s about to change.
Here’s what we gain:
💰 Foreign exchange savings: Less need to import plastic raw materials.
📈 New export earnings: Nigeria can now sell to the global market.
🏭 Boost for local industries: Packaging, agriculture, health, and construction businesses get cheaper, local raw materials.
It’s a classic import substitution meets export diversification story.
Why Dangote Is Spinning Off This Unit
Dangote Group is spinning off its petrochemical arm to:
Unlock capital and raise fresh funds
Let investors access this fast-growing sector directly
Improve transparency and attract global partners
Focus more on growth and efficiency within the business
Think of it like a mother allowing her very talented child to step out and shine on their own. 🧑🏽🎓✨
What This Means for You as an Investor
Here’s why you should care — and consider positioning yourself:
Benefit
Why It Matters
🎯 Pure-play exposure: Invest directly in petrochemicals, not bundled with refinery or cement
💸 Dividends potential: High-margin, cash-generating business = potential steady payouts
📈 Upside from exports: Big opportunity as global demand for polypropylene keeps rising
Supports local wealth: Strengthens the NGX, attracts foreign capital, and deepens our markets
Heads-Up: Risks to Keep in Mind
No investment is risk-free. Here are some red flags to monitor:
Consistent feedstock supply is crucial (i.e. crude/gas inputs)
Global pricing pressure from established players
Environmental and social concerns in the Ibeju-Lekki corridor
That said, the fundamentals are solid — and this listing may become a cornerstone for Nigeria’s industrial revolution.
Bottom Line
The upcoming Dangote Petrochemicals listing is not just another IPO. It’s a signal that Nigeria is stepping into the big league of industrial value creation.
✅ A homegrown petrochemical giant
✅ Thousands of indirect jobs
✅ A stronger, more resilient NGX
Stay tuned — and if you're investing for the long term, you'll want to have this on your radar. We’ll share more updates as the listing date gets closer.
The next decade in Africa will be about processing, not just exporting raw materials.
Global News: Warner Bros Discovery splits streaming from cable TV
Warner Bros Discovery (WBD.O), opens new tab said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better in the streaming era.
Our thoughts:
Warner Bros. Discovery Is Splitting – Here’s What It Means for You
The big news:
Warner Bros. Discovery (WBD) is breaking up into two separate companies by 2026:
Streaming & Studios – includes HBO Max, Warner Bros. movies and TV shows, and DC Studios (like Superman and Batman).
Global Networks – includes CNN, TNT Sports, Discovery+ and other traditional TV channels.
Why the Split? Blame “Cord-Cutting”
More people are cancelling cable TV and switching to streaming platforms like Netflix and Prime Video. This shift is called cord-cutting.
In 2015, nearly 100 million Americans had cable TV. In 2025, it’s down to about 60 million. That’s a big drop – and it’s hurting the old-school TV business.
To keep up, WBD is splitting its streaming and traditional businesses so each can focus on what it does best.
What Are the Benefits?
✅ Clearer focus:
Each new company will have a clear job—one to grow streaming and content, the other to manage legacy TV and cash flow.
✅ Cleaner books:
Most of WBD’s $38 billion debt will stay with Global Networks. This gives Streaming & Studios more room to grow without being held back by debt but also gives room to allow global networks die a slow death without tainting streaming and studios
✅ Better for investors:
This gives investors more choice—you can back the fast-growing streaming business or stick with the more stable (but slower) network business.
✅ Tax-smart:
The split is being structured in a way that avoids tax penalties for the company.
What Are the Risks?
⚠️ Debt still a big issue:
Global Networks will carry most of the debt. Credit agencies have already downgraded it to “junk” status, which means higher borrowing costs.
⚠️ Old TV is shrinking:
With fewer people watching cable, Global Networks could keep losing ad revenue and subscription fees. Some analysts say this side of the business might be worth less than $1/share in a few years.
⚠️ Distraction risk:
Managing a big corporate split can be messy and distracting. If not done right, both sides could suffer.
⚠️ Tough competition:
Streaming & Studios still lags behind Netflix (300M subscribers) and Prime Video (200M). WBD has about 122M—so they’ll need big hits and smart spending to keep up.
What Do Investors Think?
📈 The stock went up 11–13% after the announcement. That’s a good sign—investors liked the idea.
📉 Bond markets were not impressed. The company's debt was downgraded to junk—meaning risky.
💬 Some shareholders are frustrated. They recently voted against the CEO’s $51.9 million pay package (non-binding, but sends a strong message).
What This Means for You
If you’re an investor looking for growth, the Streaming & Studios side could be attractive—if they can deliver hits and grow globally.
If you prefer steady income, Global Networks might appeal—but only if they manage the debt well and stop the bleeding from cable TV.
You now get to choose your bet—growth or stability.
As always, the success of this split will depend on good management, smart decisions, and how fast the media world keeps changing.
African News: Sierra Leone to launch first 5G network powered by renewable energy
Sierra Leone is set to launch its first 5G network powered by renewable energy, marking a significant milestone in the country’s digital and sustainable development.
The initiative is a collaboration between local telecommunications company Zoodlabs and African energy services provider CrossBoundary Energy.
Our thoughts:
Sierra Leone is Going Digital & Green: What This Means for You
Sierra Leone is stepping into the future with two major moves—introducing 5G internet and ramping up renewable energy. These are big developments for a small but ambitious country.
5G Internet is Here!
For the first time, telecom giants Orange and Africell are testing 5G in the capital, Freetown. What does 5G mean?
Faster internet for streaming, working, and learning.
Smarter services like remote healthcare, smart farming, and better logistics.
More jobs and businesses in tech and digital services.
This is a game-changer for Sierra Leone’s economy—and it brings the country one step closer to global digital standards.
Solar & Hydropower Projects Are Expanding
Sierra Leone also wants to fix its electricity problems—and it’s turning to clean energy to do it.
Here’s what’s happening:
A new solar farm in Baoma is already producing power and plans to expand.
A company called Infinity Power has signed a deal to help Sierra Leone generate 1,000 megawatts of renewable energy over the next 8 years.
Mines that used to rely on diesel are now being encouraged to use solar and hydro instead.
A massive hydropower plant, Bumbuna II, is under construction and will provide more reliable electricity when completed.
These efforts aim to make power more stable, reduce pollution, and attract businesses.
Why This Matters for Investors and the Community
Better internet and electricity = more business. Entrepreneurs and small businesses can do more when the basics work.
Telecom and energy investors will find fresh opportunities, especially in building infrastructure or supplying equipment.
The mining sector is shifting, which means new contracts and partnerships for green energy providers.
More jobs could be created as digital services and clean energy take root.
But There Are Risks Too…
Building out 5G and renewable power takes a lot of money.
The national grid and infrastructure still need improvement.
Progress depends on good leadership and clear policies.
Natural challenges like floods or bad roads can slow things down.
Final Word
Sierra Leone is making smart moves—cutting dependence on fossil fuels and bringing the internet into the future. It’s still early days, but for investors, innovators, and everyday citizens, this could be the beginning of real transformation.
If the country keeps pushing forward, it could become a quiet success story in West Africa’s digital and green future.
Beat The Odds is coming!
Beat The Odds is happening on June 28th, 2025. This isn't just another workshop! It's your roadmap to finally putting your finances in order, protecting your money from inflation, and building sustainable wealth even in uncertain times.
Because the difference between those who build wealth and those who don't isn't access to information. It's having a system that works for their life.
Join us on June 28th. Your future self will thank you. Get access here.
This week’s nugget: Know What Game You're Playing!
Housel reminds us that every investor is playing a different game, even when they're buying the same assets.
A day trader and a retirement saver might both buy the same stock, but they're playing completely different games with different rules, time horizons, and goals.
The danger? When you start copying someone else's strategy without understanding their game.
"The biggest investing errors come when you adopt the attitudes of a game you're not playing."
So before you invest, ask yourself: What game am I playing? What's my timeline? What are my real goals?
Because the "right" investment choice depends entirely on which game you're actually playing.
Get the Book Here and let’s discuss!
Help Us Shape What’s Next
Your voice matters more than you know.
We’re building this for you, and we want to make it even better with you.
Tell us what’s working. What’s missing? What would make your money journey easier, faster, and richer — literally and figuratively? Fill out the form here.
What’s happening at the Money Wit Club….
This month, for our monthly webinar, we’re having an AMA Money session with Oler herself. Whether you’re just starting out as an investor or figuring out how to diversify, this is your chance to ask and learn in real time. (Of course, if you’re a member of the club.)
If not, you can join the waitlist!
To be a part of incredible sessions like this, click here to join waitlist the community.
Ongoing club deals
We discussed this week’s news live on YouTube and what it means for you and your business this morning. Watch the recap above.
Turn on your notifications and join us live at 9 AM every Saturday!
Smart Ways to Manage Money As A Couple
We have a new YouTube video on our channel that breaks down the secrets to financial success as a couple! Watch, learn, and share with a friend.
Watch here and don't forget to share with someone who needs to see it.
Did you enjoy reading this? Help spread the message by forwarding to at least 10 of your contacts.
Was this email forwarded to you? Subscribe here.
We host weekly money discussions live on our YT channel… visit our channel
Want to advertise with us? Email business@oleroladele.com
At the Money Wit Club, We provide you with opportunities to invest in high-value companies with potential to help you yield the highest returns on your investments.
Watch full interview here
Click the button below for more information on how to join the club.
Thanks for reading this week’s letter. We love having you here. Got thoughts on today’s edition? Hit reply and let us know! See you next week with more Global news and money wisdom.