Demand for Aliko Dangote’s refinery IPO reportedly reaches three times its $1.6 billion target across 119 countries
Aliko Dangote’s refinery has reportedly received $4.78 billion (₦6.4 trillion) in orders for its initial public offering as investors from 119 countries compete for shares in Africa’s biggest IPO.
By Ayodeji AdegboyegaSouth Africa
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Aliko Dangote’s refinery IPO has reportedly received $4.78 billion in orders from Nigerian investors. [Dangote Group]
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About this article
- Length
- 16 words · 1 min read
- Published
- October 28, 2026
- Byline
- Ayodeji Adegboyega
- Source
- Business Insider