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Dangote refinery IPO
Where things stand
Nigeria's Dangote refinery is in the final days of its stock exchange listing, with the offer due to close on Tuesday and oversubscription expected, Le Monde reports. The Lagos refinery is posting sharply higher profits as fuel prices rise.
Dangote refinery is a large oil refinery in Lagos, Nigeria, built by the Dangote Group to cut Nigeria's reliance on imported fuel. The stock exchange listing would open the company to public investors, who are being offered shares in the refinery.
Timeline in detail
Sunday, 25 October 2026 · EconomyDangote refinery listing nears close as fuel prices surge
Nigeria's Dangote refinery is listing on the stock exchange, with the offer ending on Tuesday and oversubscription anticipated, Le Monde reports. The Lagos mega-refinery is posting sharply higher profits amid rising fuel prices.