Aliko Dangote, President of Dangote Industries Limited, formally opened the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals at the Nigerian Exchange in Lagos. He sounded the closing gong to mark the start of the offer, making it the first refinery to be listed for public subscription in the Exchange's 66-year history. The IPO comprises 4.1 billion new ordinary shares priced at N525 each, with investors able to subscribe to a minimum of 10 shares valued at N5,250. The offer opened on Monday, September 14, 2026, and is scheduled to close on October 13, 2026, subject to the terms in the prospectus.
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