Editorial review — 13 September 2026
This is historical reporting. Earlier timetable, valuation and placement statements below should be read in their original publication context, not as current application terms.
The issuer publishes an offer window of 14 September–13 October 2026, at ₦525 per share with a minimum of 10 shares (₦5,250 before fees). The exchange listing date is a separate milestone. At our 13 September review the issuer still described the prospectus as forthcoming.
Current offer tracker · Dated investment research
Current primary sources
- Issuer: offer timetable, price and prospectus availability
- Issuer: refinery operations and capacity
- Issuer: 18 August underwriting announcement
These sources support the current update; they do not independently confirm every historical claim below.
Nigeria’s Dangote Group is targeting a September initial public offering (IPO) of its oil refinery business, billionaire founder Aliko Dangote told reporters in comments aired on Arise Television on Thursday, raising funds that could help it to expand capacity
The planned listing would cover the Dangote refinery, which hit its full capacity of 650,000 barrels per day in February.
Founder Dangote said that the company has attracted about $2 billion in private investor offers but they would not be allowed to take up the entire stake being placed in the IPO.
The refinery — the largest in Africa and one of the biggest single‑train plants globally — is central to Dangote’s ambition to transform Nigeria from a major fuel importer into a refining hub for the continent.