April 8, 2026

A fuel tank at the Dangote oil refinery near Lagos, Nigeria, Illustrates story on $5bn IPO capital raise by offering shares on Nigerian Exchange (NGX)
Capital raising

Dangote Refinery to be Africa’s biggest IPO

UPDATE 14 APRIL: Bloomberg has published an interview with Frank Mwiti, CEO of the Nairobi Securities Exchange, confirming that Dangote is aiming for a revolutionary ...