Dangote Refinery Launches $1.6 Billion IPO in Nigeria

Dangote Turns to Fintechs to Make IPO ‘for the People’ a Reality

Billionaire Aliko Dangote has opened up ownership of his Nigerian refinery to ordinary Africans for as little as $4 apiece, calling it an initial public offering “for the people.”

By Loni Prinsloo and Jennifer Zabasajja

BREAKING: Dangote Refinery sets minimum subscription for $1.6 billion IPO

Aliko Dangote, Africa’s richest man and owner of the 700,000 barrel-per-day (bpd) plant, led the sign-off ceremony in Lagos on Monday. The post BREAKING: Dangote Refinery sets minimum subscription for $1.6 billion IPO appeared first on Premium Times Nigeria.

By Ronald Adamolekun

Dangote refinery IPO opens with N5,250 minimum investment - The Guardian Nigeria News

Dangote refinery IPO opens with N5,250 minimum investment  The Guardian Nigeria News

Drivers, cooks, traders can own refinery shares, says Dangote

Aliko Dangote announces the Dangote Refinery IPO, making shares accessible to drivers, cooks, and traders. Learn how to own a stake in Nigeria’s massive re Read More: https://punchng.com/drivers-cooks-traders-can-own-refinery-shares-says-dangote/

By Punch Newspapers

Dangote Refinery unveils N2.15trn IPO at N525 per share

Dangote Petroleum Refinery and Petrochemicals FZE on Monday unveiled a N2.15 trillion Initial Public Offer (IPO), offering Nigerians and other Africans an opportunity to acquire shares in the 700,000-barrel-per-day refinery. The offer comprises 4.1 billion ordinary shares at N525 per share, with a minimum subscription of 10 shares valued at N5,250. Chief Executive of the […] The post Dangote Refinery unveils N2.15trn IPO at N525 per share appeared first on Vanguard News.

By Nwafor

Nigeria’s SEC approves about $1.6bn Dangote Refinery IPO

Nigeria's Securities and Exchange Commission (SEC) has approved ​an initial public offering of Dangote Group's refinery business, the company said on Friday, officially kicking off Africa's biggest-ever ‌share sale.

By Abubakar Ibrahim