DANGOTE REFINERY IPO AND CARDINALSTONE

THISDAYLIVE | 21-09-2026 12:24am |

CardinalStone is one of the issuing houses for the Dangote Refinery IPO, which is priced at ₦525 per share and involves an offer of 4.1 billion shares that could raise approximately ₦2.15 trillion. The IPO is described as a transaction of exceptional scale requiring flawless execution, strong investor confidence, and sound professional judgement. CardinalStone's role goes beyond taking the offer to market, as it demonstrates its experience in Nigeria's capital market.

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