Dangote Cement's after-tax profit surged to ₦743.3 billion in the nine months to September 2025, up 166% from ₦279.1 billion a year earlier — driven by improved pricing, Pan-African operations, and foreign exchange gains.
Now, the refinery listing on NGX in 2026 is the next major move — with a planned offering of around 10% of capital, structured to allow investors to subscribe in naira while receiving dividends in dollars, backed by export revenues estimated at $6.4 billion per year.
If the Dangote Refinery IPO lands on NGX, it could be the biggest listing event in Nigeria's capital market history.
Would you subscribe to the Dangote Refinery IPO the moment it hits the NGX? What price would make it attractive to you?
Now, the refinery listing on NGX in 2026 is the next major move — with a planned offering of around 10% of capital, structured to allow investors to subscribe in naira while receiving dividends in dollars, backed by export revenues estimated at $6.4 billion per year.
If the Dangote Refinery IPO lands on NGX, it could be the biggest listing event in Nigeria's capital market history.
Would you subscribe to the Dangote Refinery IPO the moment it hits the NGX? What price would make it attractive to you?