Dangote refinery to launch IPO on September 14

Dangote Petroleum Refinery and Petrochemicals has signed its initial public offering (IPO) documents ahead of its planned opening on September 14, 2026. Chuka Eseka, CEO of Vetiva Capital Management Limited, stated that the refinery's shares are expected to list on the Nigerian Exchange Limited in November 2026. The offer will require a minimum subscription of 10 ordinary shares priced at N5,250 each and will be open until October 13, pending approval from the Securities and Exchange Commission.