Dangote Petroleum Refinery targets a $39B+ valuation in Nigeria's largest-ever IPO, but the SEC halted marketing before a September 2026 public listing.

The Dangote refinery valuation is now a public dispute: Aliko Dangote says the Lagos plant alone is worth over $40bn, above Forbes' $38bn net-worth figure.

Nigeria's SEC ordered an immediate halt to unauthorized Dangote Refinery IPO marketing, saying no application has been filed for the potential $20-50B