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Dangote Refinery’s N2.15 Trillion IPO Raises 1.5 Trillion, 6 hours after Launch 

Dangote Refinery's N2.15 trillion IPO on the NGX raised N1.5 trillion within six hours of launch.

The historic offering features 4.1 billion ordinary shares priced at N525 per unit.

Strong institutional and retail demand puts the share sale on track for a massive oversubscription.

Capital raised will accelerate the facility's target to expand processing capacity to 1.4 million barrels daily.

Dangote Refinery’s N2.15 Trillion IPO Raises 1.5 Trillion, 6 hours after Launch 

Dangote Refinery's N2.15 trillion IPO on the NGX raised N1.5 trillion within six hours of launch.

The historic offering features 4.1 billion ordinary shares priced at N525 per unit.

Strong institutional and retail demand puts the share sale on track for a massive oversubscription.

Capital raised will accelerate the facility's target to expand processing capacity to 1.4 million barrels daily.

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