Dangote Refinery: N6.3tn net profit, IPO extension, import licence appeal, other keys developments

Dangote Refinery took centre stage in major business, finance and economic discussions in Nigeria and across Africa from Monday to Wednesday.
DAILY POST, in this report, highlights major talking points about the 700,000-barrel-per-day refinery based in Lekki, Lagos.
First, Dangote Refinery extended the deadline for its much-talked-about N525-per-share Initial Public Offering, IPO by 14 days, following approval from the Securities and Exchange Commission, SEC. The deadline was moved from October 13, 2026, to October 30, 2026.
The refinery explained that the decision was to give investors more time to invest.
Second, Dangote Refinery approached the Court of Appeal to challenge a ju...