Financial expert and Professor of Accounting at Lead City University, Godwin Oyedokun, has detailed the implications of the recent Securities and Exchange Commission, SEC, approval of Dangote Refinery’s Initial Public Offering, IPO, at N525 per share for investors in Nigeria, Africa’s most populous country.
Oyedokun made this disclosure in an exclusive interview with DAILY POST ahead of Dangote Refinery’s listing in September 2026.
Recall that the Dangote Group announced that SEC had granted approval for its 700,000-barrel-per-day refinery.
Details showed that the landmark Dangote Refinery IPO aims to raise roughly $1.6 billion by issuing 4.1 billion ordinary shares at N525 per share ahead of its primary listing on the Nigerian Exchange, NSE.
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This comes after Dangote Group President Aliko Dangote confirmed that the refinery’s IPO is set to open on September 14.
DAILY POST reports that the planned listing of Africa’s largest refinery has continued to stir interest among
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