Dangote Refinery to price IPO shares at N525, targets $1.5 billion raise

NAIRAMETRICS | 04-09-2026 03:24pm |

Dangote Petroleum Refinery is planning to price shares in its upcoming initial public offering (IPO) at N525 per share, potentially raising about $1.5 billion. This move could make it Africa's largest public offering. The refinery's IPO is highly anticipated and could attract significant investor interest. The company is preparing for what could become a landmark event in the African financial markets.

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