Dangote Refinery eyes Ksh207.1 billion landmark listing
Dangote Petroleum Refinery’s has opened its Initial Public Offering (IPO) with 4.1 billion shares offered to investors at Naira 525 (which is about Ksh51.29) each, targeting Naira 2.15 trillion ($1.6 billion or Ksh207.1 billion) and an indicative listing valuation of about Naira 65.2 trillion ($49 billion). Nigerian billionaire Aliko Dangote on Monday said the IPO […]
AI summary
Dangote Petroleum Refinery’s has opened its Initial Public Offering (IPO) with 4.1 billion shares offered to investors at Naira 525 (which is about Ksh51.29) each, targeting Naira 2.15 trillion ($1.6 billion or Ksh207.1 billion) and an indicative listing valuation of about Naira 65.2 trillion ($49 billion). Nigerian billionaire Aliko Dangote on Monday said the IPO […]
Follow the story
About this article
- Length
- 56 words · 1 min read
- Published
- September 15, 2026
- Byline
- VICTOR ADAR
- Source
- Business Today Kenya