By Olakunle Oke, Marvellous Uzoma and Kamsy Gbenoba The Dangote Petroleum Refinery and Petrochemicals has commenced its Initial Public Offering (IPO), with President of Dangote Industries Limited, Aliko Dangote, targeting 10 million shareholders across Africa in what he described as an “IPO for the people.”The refinery is offering its shares at N525 each, with a […]

Dangote Petroleum Refinery targets a $1.5B IPO on the Nigerian Exchange after a $2.5B private placement valued the 650,000 bpd facility at $40

The SEC has approved Dangote Refinery's IPO, allowing it to raise N2.15tn from the Nigerian capital market. Learn about the Dangote Refinery IPO details.