SEC Clears N2.15tn Dangote Refinery Share Float

SEC Clears N2.15tn Dangote Refinery Share Float

Nigeria’s Securities and Exchange Commission approved the initial public offering of Dangote Petroleum Refinery and Petrochemicals on Friday, 4 September 2026, clearing the path for a historic N2.15 trillion capital raise. The corporate regulator cleared the firm to issue 4.1 billion ordinary shares at N525 each, while registering its existing pool of 120.13 billion ordinary…

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