Dangote Refinery extends N2.15trn IPO deadline by 14 days

Dangote Refinery has extended the deadline for its archetypal nationalist offering, IPO, by 14 days to springiness investors much clip to put successful the mega refinery.

The spokesperson of Dangote Group, Anthony Chiejina, confirmed the hold to DAILY POST connected Monday.

DAILY POST reports that Dangote Refinery’s IPO, priced astatine N525 per stock and targeting to rise N2.15 trillion ($1.6 billion), opened connected the Nigerian Exchange Limited (NGX) connected September 14, 2026, with an archetypal closing day of October 13, 2026.

Since its launch, Dangote Refinery’s IPO has attracted important attraction successful the superior market, arsenic Nigerians and different Africans question to get stakes successful the 700,000-barrel-per-day refinery.

According to Dangote Group, the minimum subscription is 10 shares, requiring an concern of N5,250 earlier applicable charges.

The motorboat of the IPO besides boosted the luck of Dangote Group President, Aliko Dangote.

Read more: Dangote’s luck hits $51bn aft refinery IPO raises N1.5tn connected NGX

Dangote Refinery extends N2.15trn IPO deadline by 14 days