The Dangote Petroleum Refinery and Petrochemicals FZE will open its initial public offering (IPO) today, giving investors an opportunity to buy shares in one of Nigeria’s biggest industrial projects.
The company is offering 4.1 billion ordinary shares at N525 each in a deal that could raise about N2.15 trillion if fully subscribed. The offer, which is expected to be Nigeria’s largest-ever public share sale, will run until October 13, according to the company’s prospectus.
The cable
