Latest of 6
Dangote Refinery Valued at N77–82 Trillion Ahead of Nigeria's Largest-Ever IPO
An independent valuation has placed Dangote Refinery at between N77.7 trillion and N82.6 trillion ahead of its N2.15 trillion IPO, which opens September 14 at N525 per share. The prospectus confirms Dangote Group will retain an 84.34 percent stake following the offer, which is widely described as Africa's largest-ever public capital raise. Fintech platforms have been identified as the primary retail access channel for the listing.
5 sources
- Meet the Dangote Petroleum Refinery Board of Directors · nairametrics.com · T2
- Dangote to retain 84.34% control of Refinery after planned N2.15 trillion IPO, Prospectus shows · nairametrics.com · T2
- Dangote Refinery valued at N77.7 trillion–N82.6 trillion ahead of IPO · nairametrics.com · T2
- Fintech platforms where Nigerians can buy Dangote Refinery IPO shares · thecondia.com · T2
- Meet the deal makers behind Dangote Refinery’s historic IPO · businessday.ng · T2