Botswana has been selected to host the Southern African trading hub for the planned initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals, in a move aimed at expanding …
Dangote Petroleum Refinery and Petrochemicals recorded a net profit of ₦6.29 trillion ($4.73 billion) in the first nine months of 2026, marking a significant turnaround from the loss reported during …
Dangote Petroleum Refinery and Petrochemicals is extending its initial public offering (IPO) by 10 days to allow more investors from across Africa to participate in the share sale. The offer, …
Samuel Dossou-Aworet, a Beninese billionaire and founder of Petrolin Group, saw the value of his investments in Seplat Energy and Aradel Holdings increase by $430 million in the third quarter …
Dangote Petroleum Refinery recorded its highest-ever capacity utilisation in August, operating at 105.21 percent of its 700,000-barrel-per-day nameplate capacity. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) …
Zimbabwean investors are gaining access to Dangote Petroleum Refinery’s $1.6 billion initial public offering (IPO), expanding participation in one of Africa’s biggest capital-market deals beyond Nigeria. The offering, which opened …
Edwin Devakumar, Vice President, Oil and Gas at Dangote Industries Limited, has described the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery as an opportunity for investors to participate …
The Dangote Petroleum Refinery and Petrochemicals IPO has sparked excitement among Nigerians, with social media users turning the investment opportunity into a wave of jokes about becoming business partners with …
Muhammadu Sanusi II, the Emir of Kano, has advised Nigerians to exercise caution when participating in initial public offerings (IPOs), warning against using essential funds or disposing of important assets …
The Dangote Refinery Initial Public Offering (IPO) is leveraging digital financial technology infrastructure to broaden investor participation and attract billions of dollars in potential funding from Nigerians living abroad. By …
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