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N2.2 trillion IPO: Dangote Refinery Targets 10 million Subscribers

The Dangote Petroleum Refinery and Petrochemicals (DPRP) has unveiled plans for a landmark Initial Public Offering (IPO) valued at approximately ₦2.15 trillion (US$1.6 billion), with a targeted…

  • Dangote Refinery plans $2.2 trillion IPO, targeting 10 million Nigerian investors
  • IPO scheduled for September 14, 2026, to be largest equity offering in Nigeria
  • 30% overallotment option to accommodate substantial investor demand

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