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USD/NGN 1,324.21GBP/NGN 1,790.41USD/NGN black market ₦1,405GBP/NGN black market ₦1,900
USD/NGN 1,324.21GBP/NGN 1,790.41USD/NGN black market ₦1,405GBP/NGN black market ₦1,900

Dangote Refinery to price IPO shares at N525, targets $1.5 billion raise

Dangote Petroleum Refinery is planning to price shares in its upcoming initial public offering (IPO) at N525 per share, potentially raising about $1.5 billion as the company prepares for what could become Africa's…

Aggregated · originally by Nairametrics
5 Sept 2026, 10:42 WAT · 3 min read
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Dangote Refinery to price IPO shares at N525, targets $1.5 billion raise

Dangote Petroleum Refinery is planning to price shares in its upcoming initial public offering (IPO) at N525 per share, potentially raising about $1.5 billion as the company prepares for what could become Africa's…