The “People’s IPO”: Can you actually afford It?
By Fattyma Ibrahim Dangote Petroleum Refinery's initial public offering has been marketed as a "People's IPO," with a minimum subscription of just ₦5,250. This piece argues that a low entry…
CEO Dangote Group | Aliko Dangote
Dangote hits $51.3bn fortune as Refinery IPO drives wealth surge
Aliko Dangote’s net worth has surged to $51.3 billion, lifting him to 36th among the world’s richest people as his refinery IPO begins. Aliko Dangote, founder of Dangote Group and…
Aliko Dangote | CEO-Dangote Group
What to Know: The Dangote Refinery IPO
Dangote Refinery’s planned IPO could become Nigeria’s largest ever. Here’s what Nigerians need to know about the offer, pricing, SEC approval and how to invest. Over the next two weeks,…
Dangote Refinery IPO: Minimum subscription set at N5,250
Dangote Refinery has set a minimum IPO subscription of 10 shares worth N5,250, with the 4.1bn-share offer scheduled to open on September 14. Aliko Dangote, chief executive officer (CEO) of…
Aliko Dangote | CEO-Dangote Group
Dangote Refinery IPO to open within 10-–12 Days
Aliko Dangote says the Dangote Refinery’s $5bn Pan-African IPO will open within 10 to 12 days as the company plans to double refining capacity. Aliko Dangote, chief executive officer (CEO)…
Dangote refinery cuts petrol price to N1,165, diesel to N1,570 per litre
Ex-depot PMS drops by N50 per litre and diesel by N80 per litre as Africa's largest refinery cites operational efficiencies and commitment to energy affordability. Dangote Petroleum Refinery has reduced…
Aliko Dangote
Halima Dangote: My father plans to give 33% of his wealth to charity
Aliko Dangote has secured his family's backing to dedicate a third of his estate to philanthropy, his daughter says Halima Dangote, executive director at Dangote Industries Limited and a trustee…
Dangote targets 20,000MW power investment to tackle Nigeria’s electricity crisis
Aliko Dangote, Africa's richest businessman, says the Dangote Group intends to invest in power generation, with a target of up to 20,000 megawatts. On Wednesday, Dangote had an interview with…
“Not one naira”—Otedola debunks Dangote refinery funding rumours
Femi Otedola has denied funding the Dangote Petroleum Refinery, calling the claims "completely and utterly false." In an X post on Monday, the billionaire stated that he had not invested…
Dangote refinery expansion to create 95,000 Jobs
Aliko Dangote, President of the Dangote Group, announced that expanding the Dangote Petroleum Refinery to a production capacity of 1.4 million barrels per day will create employment for over 95,000…
