Dangote’s $4 retail IPO Opens fuel giant to ordinary investors

BusinessDay | 08-09-2026 09:59am |

Aliko Dangote is opening ownership of his petroleum refinery to ordinary investors through a $4 retail initial public offering (IPO). The move sets a minimum entry fee of $4, allowing millions of Nigerians to invest in the refinery. This IPO is part of efforts to expand the refinery's ownership base and raise capital.

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