Dangote Refinery Set for Historic IPO | Nigeria News

The Dangote Petroleum Refinery is set to go public with a massive IPO approved by Nigeria’s SEC, offering 4.1 billion shares at 525 naira each—potentially raising up to 2.15 trillion naira. Owner Aliko Dangote confirmed the launch within days, and the refinery’s 700,000 barrels-per-day capacity (set to double) plus its own marine facilities and storage network make this one of Nigeria’s most significant industrial investments. The SEC’s green light clears the way for the Completion Board Meeting and Signing Ceremony, paving the way for a landmark capital market event that could reshape Nigeria’s energy landscape. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3997dde8144a117e