Dangote Refinery valuation rises 13% on higher earnings

BusinessDay | 19-10-2026 10:17am |

Renaissance Capital Africa has raised its valuation of Dangote Petroleum Refinery and Petrochemicals to N700.41 per share. The revised valuation represents a 13 per cent increase, which the firm attributed to higher earnings. The upward revision reflects improved earnings expectations for the refinery and petrochemicals company.

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