Dangote Foundation Launches Student Share Grant, Offers 10 Free Refinery Shares to Eligible Nigerian Students
The Aliko Dangote Foundation (ADF) has launched its Student Share Grant Initiative, a financial inclusion and investor education programme designed to promote saving, responsible investing and long-term asset ownership among young Nigerians. The…
Dangote Refinery IPO Attracts Up to N8.61tn in Estimated Subscriptions as Offer Deadline Is Extended
Dangote Petroleum Refinery’s initial public offering (IPO) has reportedly attracted subscriptions several times above its original fundraising target, with a fourfold subscription of the offer value potentially translating to about N8.61tn. President of…
Dangote Refinery IPO: Billionaire to Prioritise Investors with ₦50,000 or Less
Africa’s richest man, Aliko Dangote, has reaffirmed his commitment to prioritising small-scale investors in the planned initial public offering (IPO) of the $20 billion Dangote Petroleum Refinery, saying the initiative is designed to give ordinary…
Dangote Refinery Records $4.7bn Profit, Revenue Jumps 144% in Nine Months
Dangote Petroleum Refinery and Petrochemicals has reported a remarkable financial turnaround, recording $22.5 billion in revenue and $4.7 billion in net profit for the nine months ended September 30, 2026, compared with a net loss of $117.2 million in…
