The Dangote Refinery IPO 2026 is targeting ordinary Nigerian investors, with the company offering shares at ₦525 each and a minimum subscription of 10 shares, worth ₦5,250. The ₦2.15 trillion offering involves 4.1 billion ordinary shares and is expected to become Africa’s largest IPO. The formal offer is scheduled to run from September 14 to…
Aliko Dangote has recorded a fresh increase in his wealth as investors prepare for the Dangote Refinery IPO 2026, which is expected to open its order book on September 14. Reports citing Forbes’ real-time billionaire tracker put Dangote’s wealth at $31.5 billion on September 4, up from $25.6 billion at the end of 2025. A…
The Dangote Refinery IPO has received approval from Nigeria’s Securities and Exchange Commission, setting the stage for what could become Africa’s biggest-ever share sale. The company plans to offer 4.1 billion ordinary shares at ₦525 each, potentially raising about ₦2.15 trillion, or $1.63 billion, if fully subscribed. The order book is expected to open on…
Nigerians hoping for immediate relief at filling stations after a fresh petrol price reduction by the Dangote Petroleum Refinery have been met with continued high pump prices, as many retailers maintain existing rates while waiting to clear older fuel tock. The refinery recently reduced its ex-depot price for Premium Motor Spirit (PMS), commonly known as…
