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Dangote Refinery receives approval for ₦2.15 trillion IPO

Nigeria's Securities and Exchange Commission has approved Dangote Refinery's planned ₦2.15 trillion initial public offering, involving 4.1 billion shares priced at ₦525.

By DoomRadar · Published on DoomRadar .

Why it matters

The listing could materially affect Nigerian capital markets and investment in a major regional energy asset.

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  1. Dangote Refinery Gets SEC Nod For ₦2.15tn IPO, Sets 4.1bn Shares At ₦525 ↗naija247news.com · Recorded source date: Sep 5, 2026, 2:46 AM UTC

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