Dangote Refinery IPO: 10 things Nigerian investors must know before buying

The Securities and Exchange Commission (SEC) has approved the Dangote refinery IPO, allowing for a potential raise of ₦2.15 trillion. The offer includes 4.1 billion ordinary shares at ₦525 each, giving investors the opportunity to become shareholders in one of Africa's largest industrial companies. This move could transform the relationship between Nigerians and the refinery, enabling them to benefit from capital appreciation and dividends.