Dangote Refinery IPO
The Dangote Petroleum Refinery IPO opened on September 14, 2026, and is scheduled to close on October 13, 2026.
The offer involves the issuance of 4.1billion new ordinary shares at N525 per share, representing a capital raise of about N2.15 trillion and one
that will remain majority-controlled by its founder, Aliko Dangote.
If fully subscribed, Dangote’s beneficial ownership of Dangote Petroleum Refinery & Petrochemicals FZE will decline modestly to about 84.34%, while total shares outstanding will rise to
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