Yangote: Why the New 'Co-Owners' of Dangote Amuse Nigeria

Since the IPO of Dangote Refinery, Nigerians humorously embrace their new status as 'co-owners'. The 'Yangote' phenomenon has emerged on social media, where small shareholders portray themselves as influential businessmen. The public offering, opened on September 14, 2026, offers 4.1 billion shares at 525 naira each, making investment accessible to many small investors.