The Initial Public Offering (IPO) of Dangote Refinery commenced on the Nigerian Exchange Limited (NGX) on Monday, September 14, 2026. This marks the first time a refinery is being offered on the Nigerian stock market in the Exchange's 66-year history, with the refinery processing 700,000 barrels per day. Aliko Dangote, President of Dangote Group, sounded the closing gong at the NGX to mark the start of the IPO. He noted that the refinery has become the largest supplier of jet fuel to Europe and said European countries should appreciate Nigeria under President Bola Ahmed Tinubu for keeping their airlines operating.
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