Dangote Petroleum Refinery targets a $40 billion valuation in Africa's largest-ever IPO, with nearly $2 billion in pre-IPO demand as Nigeria's SEC pauses

The SEC has banned the marketing and promotion of a purported IPO by Dangote Petroleum Refinery & Petrochemicals FZE, warning that…

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