Dangote to retain 84.34% control of Refinery after planned N2.15 trillion IPO, Prospectus shows

NAIRAMETRICS | 09-09-2026 09:00am |

According to the prospectus for Dangote Petroleum Refinery's planned N2.15 trillion IPO, Aliko Dangote will retain 84.34% beneficial ownership of the company after the share sale. This is higher than the 65.8% suggested by his largest single shareholding vehicle. The IPO is considered Africa's biggest share sale.

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