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USD/NGN 1,327.88 ▾0.1%GBP/NGN 1,782.56 ▾0.5%USD/NGN black market ₦1,394GBP/NGN black market ₦1,879
USD/NGN 1,327.88 ▾0.1%GBP/NGN 1,782.56 ▾0.5%USD/NGN black market ₦1,394GBP/NGN black market ₦1,879

GTI values Dangote Refinery at N493, below N525 IPO price as valuation debate intensifies

GTI Research has put Dangote Petroleum Refinery and Petrochemicals' (DPRP) probability-weighted fair value at approximately N493 per share, below the N525 offer price at which the company is currently selling shares in…

Aggregated · originally by Nairametrics
17 Sept 2026, 10:01 WAT · 3 min read
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GTI values Dangote Refinery at N493, below N525 IPO price as valuation debate intensifies

GTI Research has put Dangote Petroleum Refinery and Petrochemicals' (DPRP) probability-weighted fair value at approximately N493 per share, below the N525 offer price at which the company is currently selling shares in…