# Nigeria’s Dangote refinery kicks off blockbuster IPO

https://mins.news/en/item/58323

- France 24, 2026-09-14 20:46 UTC
- Economy
- Original: https://www.france24.com/en/tv-shows/business/20260914-nigeria-s-dangote-refinery-kicks-off-blockbuster-ipo

> Nigerian billionaire Aliko Dangote has launched Africa’s biggest-ever share sale, listing 4.1 billion shares in his Lagos refinery. He called it a “people’s IPO” intended to give all Nigerians a chance to benefit from the plant’s wealth potential. Trading is expected to begin in November. Global oil prices also rose as Houthi attacks led Saudi Arabia to shut its East-West oil pipeline.

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