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Dangote Refinery Signs N2.15 Trillion IPO Documents In Lagos, Nigeria Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, signs documents for the initial public offering of Dangote Petroleum Refinery and Petrochemical, valued at 2.15 trillion naira (US$1.6 billion), at Eko Hotels in Victoria Island, Lagos, Nigeria, on September 7, 2026. The offering is intended to expand the refinery s capacity to 1.4 million barrels per day from the current 700,000. Victoria Island, Lagos Nigeria Copyright: xAdekunlexAjayix originalFilename: ajayi-notitle260907_npBaC.jpg

Dangote Refinery Signs N2.15 Trillion IPO Documents In Lagos, Nigeria Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, signs documents for the initial public offering of Dangote Petroleum Refinery and Petrochemical, valued at 2.15 trillion naira (US$1.6 billion), at Eko Hotels in Victoria Island, Lagos, Nigeria, on September 7, 2026. The offering is intended to expand the refinery s capacity to 1.4 million barrels per day from the current 700,000. Victoria Island, Lagos Nigeria Copyright: xAdekunlexAjayix originalFilename: ajayi-notitle260907_npAmU.jpg