SEC approves Dangote Refinery’s N2.15 trillion IPO, Africa’s biggest share sale

NAIRAMETRICS | 05-09-2026 07:55am |

Nigeria's Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of Dangote Refinery. The approval paves the way for what is expected to be Africa's largest-ever share sale, valued at N2.15 trillion. The IPO will allow the refinery to raise capital from the public and is a significant development in Nigeria's capital market.

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