EconomyDangote Targets $1.6 Billion in Nigeria’s Largest IPO

Name: Dangote Targets $1.6 Billion in Nigeria’s Largest IPO
Uploaded: 2026-09-07T05:20:06.000Z
Description: Billionaire Aliko Dangote’s Dangote Petroleum Refinery and Petrochemicals FZE plans to offer 4.1 billion shares at 525 naira ($0.40) each, seeking to raise $1.6 billion in what could become Nigeria’s biggest IPO. The offering is scheduled to open Sept. 14.

Billionaire Aliko Dangote’s Dangote Petroleum Refinery and Petrochemicals FZE plans to offer 4.1 billion shares at 525 naira ($0.40) each, seeking to raise $1.6 billion in what could become Nigeria’s biggest IPO. The offering is scheduled to open Sept. 14.

Bloomberg Television 2026-09-07 05:20