Dangote Refinery Opens Landmark Initial Public Offering Today to the Investing Public
Dangote Petroleum Refinery & Petrochemicals FZE today announced the commencement of its Initial Public Offering
(IPO), marking a historic milestone in Nigeria's economic development and the evolution of Africa's capital markets. The
offer will be formally launched at a ceremony on the trading floor of the Nigerian Exchange (NGX) in Lagos, bringing to
the public, for the first time, an opportunity to own a stake in Africa's largest refinery and one of the world's most significant
industrial projects. The IPO, which opens today, September 14, 2026, consists of 4.1 billion new ordinary shares
offered at N525 per share, with a minimum subscription of 10 Continued on page 7
FG to BRICS: It’s High Time Rules of Global Governance, Finance Were Rewritten... Page 7 Monday, Monday, September January14, 6, 2026 2025 Vol Vol 29. 31.No No10865. 11481. Price: N400
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