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Dangote has defended the figure and plans to expand capacity to 1.4 million barrels per day, potentially making it the world's largest refinery.
Firm says subscriptions received from over 90 nations globally Renaissance Capital raises refinery’s valuation by 33.4% to N700 Emmanuel Addeh in Abuja and Peter Uzoho in Lagos D...
The refinery has benefited from increased demand for its products as a result of supply disruptions linked to the Iran war that helped it to sell jet fuel to western European count...
• Plans $14bn expansion to double capacity to 1.4m bpd by 2029 •Refinery CEO: Fuel shortages will extend beyond Iran war • M’East crisis expands as Iran-backed Houthis attack four
Dangote Petroleum Refinery & Petrochemicals FZE today announced the commencement of its Initial Public Offering (IPO), marking a historic milestone in Nigeria’s economic develo...
Nigeria’s Dangote refinery has launched Africa’s largest IPO to raise $1.6 billion for a major capacity expansion Read Full Article at RT.com
Africa's biggest refinery is preparing for a major financial move that could attract billions of dollars from investors.
The offer, which commenced on September 14, 2026, comprises 4.1 billion new ordinary shares priced at N525 each.
[Premium Times] Aliko Dangote, Africa's richest man and owner of the 700,000 barrel-per-day (bpd) plant, led the sign-off ceremony in Lagos on Monday.
Africa’s richest man Aliko Dangote opens refinery ownership to retail investors as the USD 19-billion facility seeks to raise funds through a landmark public offering.
51 African Nations Participate in Dangote Refinery’s Initial Public Offer Firm says subscriptions received from over 90 nations globally Emmanuel Addeh in Abuja and Peter Uzoho in...
[Premium Times] Aliko Dangote, Africa's richest man and owner of the 700,000 barrel-per-day (bpd) plant, led the sign-off ceremony in Lagos on Monday.
• Africa’s richest man projects group’s market cap to reach $350bn by 2030 •Promises strong returns, generational wealth for investors • Says company has transformed Nigeria into...
Aliko Dangote, Africa’s richest man and owner of the 700,000 barrel-per-day (bpd) plant, led the sign-off ceremony in Lagos on Monday. The post UPDATED: Dangote Refinery sets minim...
The crude processing plant will have the latitude to sell 15 per cent of the offer size in addition to the total number of shares up for grabs, in the event the transaction is over...
[Premium Times] "Well, within the refinery, the workforce will practically become double, except in the water treatment section, because there we already have substantial capacity,...
[This Day] Nigerians can invest in Dangote Petroleum Refinery and Petrochemicals with a minimum subscription of N5,250 under an initial public offering launched recently. The co...
For Dangote, the stock market debut is not only about raising capital — it is also aimed at bringing more investors into one of Africa’s most ambitious industrial projects.
• IEA: Nigeria could double energy investments in five years Emmanuel Addeh in Abuja The Initial Public Offer (IPO) of Nigeria’s Dangote refinery, the largest on the continent, wil...
“Well, within the refinery, the workforce will practically become double, except in the water treatment section, because there we already have substantial capacity,” Edwin Devakuma...
“By doing so, because the company will be very, very large, we will be having 10 per cent of the total America’s capacity,” Mr Dangote added. The post Dangote Refinery plans US lis...
Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has said the Initial Public Offering, IPO, of Dangote Petroleum Refinery and Petrochemica...
Ibrahim Oyewale in Lokoja Dangote Industries Limited (DIL), one of the sponsors of the 21st Abuja International Trade Fair, will spotlight the ongoing Initial Public Offering (IPO)...
Industrialist Dangote last month broke ground on a 700,000-barrel-per-day oil refinery project in Kenya's Lamu port.
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