Dangote refinery secures SEC approval for IPO, sets price at N525/share

Dangote refinery secures SEC approval for IPO, sets price at N525/share

Dangote Group says the Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals FZE, setting the price at N525 ($0.40) per share.

The conglomerate announced the development in a statement on Friday.
More to follow…