Dangote Refinery IPO Approved by Nigeria’s SEC

• Thursday, 10th September 2026
• by Fatma Ahmed

The refinery plans to offer 4.1 billion ordinary shares at NGN 525 per share, potentially raising approximately NGN 2.15 trillion ($1.63 billion) if fully subscribed, according to a company statement reported by Reute...

Nigeria’s NNPC to Acquire Stakes in Dangote Refinery

• Thursday, 5th August 2021
• by Sarah Samir

Nigeria has granted its state oil firm, the Nigerian National Petroleum Corp’s (NNPC), an approval to acquire around 20% of Dagnote oil refinery stake for $2.76 billion, Timpire Sylva, Junior Oil Minister, said,...