EconomyDangote refinery’s $47bn listing could reshape Nigeria’s stock market

Name: Dangote refinery’s $47bn listing could reshape Nigeria’s stock market
Uploaded: 2026-09-13T11:54:16.000Z
Description: Africa’s richest man, Aliko Dangote, is taking his refinery and petrochemicals business public at an estimated value of $47bn. Dangote Refinery and Petrochemicals Company plans to offer 4.1 billion new shares on the Nigerian Exchange, seeking about $1.6bn, with Nigerians able to buy as few as 10 shares.

Africa’s richest man, Aliko Dangote, is taking his refinery and petrochemicals business public at an estimated value of $47bn. Dangote Refinery and Petrochemicals Company plans to offer 4.1 billion new shares on the Nigerian Exchange, seeking about $1.6bn, with Nigerians able to buy as few as 10 shares.

Al Jazeera English 2026-09-13 11:54