200 countries, including 54 African nations, participate in Dangote Refinery IPO
The President of Dangote Refinery, Aliko Dangote, has said that 200 countries participated in its recently concluded Initial Public Offering, IPO, at N525 per share. He disclosed this in an interview at the WIMBIZ Annual Conference. Dangote noted that of the 200 countries that participated, 54 were African countries. According to him, all the African […] 200 countries, including 54 African…
Aliko Dangote, the President of Dangote Refinery, revealed that the company's Initial Public Offering attracted participants from 200 countries. Among these, 54 were African nations, with every African country represented. The refinery chose to make the IPO accessible to the general public, setting the offer price at N525 per share. This initiative, dubbed the People's IPO, concluded on October 27, 2026, with the aim of raising N2.15 trillion through the sale of 4.1 billion ordinary shares.
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