Dangote Refinery IPO Attracts Up to N8.61tn in Estimated Subscriptions as Offer Deadline Is Extended
Dangote Petroleum Refinery’s initial public offering (IPO) has reportedly attracted subscriptions several times above its original fundraising target, with a fourfold subscription of the offer value potentially translating to about N8.61tn. President of Dangote Group, Aliko Dangote, disclosed on Monday ...
Dangote Petroleum Refinery and Petrochemicals has reported a remarkable financial turnaround, recording $22.5 billion in revenue and $4.7 billion in net profit for the nine months ended September 30, 2026, compared with a net loss of $117.2 million in the ...