Dangote Refinery IPO Breaks MTN and GTCO Digital Subscription Records in One Day

Chapel Hill Denham reports that the Dangote Refinery's initial public offering broke the previous single-day digital subscription records set by MTN Nigeria and GTCO, stress-testing the country's capital market technology infrastructure with a wave of retail participation. The milestone is being read as evidence that Nigeria's digital brokerage and payments rails are maturing rapidly.