Dangote Refinery Opens N2.15tn Share Offer to Nigerians

Dangote Refinery has opened a N2.15 trillion share offer on the Nigerian Exchange, allowing Nigerians to buy into Africa's biggest share sale. The IPO began on September 14, 2026, and drew such heavy demand that two investment websites were overwhelmed. Stockbrokers and groups including CIS and ASHON expressed confidence the offer will be oversubscribed and expect it to boost foreign exchange earnings.