The Nigerian Exchange added N1.665 trillion to its market capitalisation in three days. Capital market analysts and Minister of Industry, Trade and Investment Dr Jumoke Oduwole project that the listing of Dangote Refinery and Petrochemicals could further lift the bourse by about $60 billion. The market had been in decline in anticipation of the Dangote Refinery offer but picked up over the last five days, with market value increasing by N1.665 trillion as of 16 September 2026. Analysts place the refinery's value above its indicative IPO valuation.
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