Dangote Refinery launches $1.6 bn retail IPO, aims for 10 million Nigerians
Aliko Dangote’s flagship refinery opened a ₦2.15 trillion ($1.5‑$1.6 bn) share offering to retail investors, with a minimum subscription of ₦5,250. The “people’s IPO” seeks to raise capital for a $14 bn expansion that could double the plant’s output.