Energy & Climate · Funding signal

NGX takes Dangote Refinery IPO beyond Nigeria, target investors in 3 African countries

NGX takes Dangote Refinery IPO beyond Nigeria, target investors in 3 African countries — the desk wire, 16 October 2026. The Nigerian Exchange Group (NGX Group) is taking the Dangote Petroleum Refinery and Petrochemicals FZE's $1.6 billion (N2.15 trillion) initial public offering (IPO) to investors in Egypt, Ethiopia and Botswana as it seeks to expand cross-border participation in the share sale and deepen integration among African capital markets.

Updated 16 October 2026 · First published 16 October 2026

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NGX takes Dangote Refinery IPO beyond Nigeria, target investors in 3 African countries

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