IPO: Dangote Refinery breaks Nigerian, African records, announces deadline extension

Dangote Petroleum Refinery and Petrochemicals FZE, DPRP has announced a two-week extension of the application period for its Initial Public Offering, IPO, following approval from the Securities and Exchange Commission, SEC, amid what has become one of the most significant capital market offerings in Nigerian and African history.
The IPO, which comprises 4,100,000,000 ordinary shares of US$0.000013 each at N525.00 per share, opened on Monday, September 14, 2026, and was originally scheduled to close on Tuesday, October 13, 2026. The application period will now remain open until Tuesday, October 27, 2026.
The extension follows exceptionally strong interest from a broad spectrum of eligi...