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Former Anambra State governor and presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has urged Nigerians to invest in the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals. The post Peter Obi urges Nigerians to buy Dangote Refinery shares appeared first on Vanguard News.
By Uzoma Marvellous Aliko Dangote has said the planned Initial Public Offering (IPO) of Dangote Refinery is aimed at giving ordinary Nigerians and Africans an opportunity to own a stake in one of the continent’s biggest industrial ventures. Dangote, president of Dangote Industries Limited, said the offering was designed to democratise the capital market by […] The post Dangote: We want ordinary Nigerians to own IPO appeared first on Vanguard News.
President of Dangote Group, Aliko Dangote, has said Nigerians were still paying high prices for petrol despite the commencement of large-scale domestic refining, saying local production does not completely insulate the country from global crude oil prices and market disruptions. The post Why petrol remains expensive despite local refining— Dangote appeared first on Vanguard News.
ABUJA — President of Dangote Industries Limited, Aliko Dangote, has said petrol is relatively cheaper in Nigeria than in neighbouring countries, a price difference he said has continued to encourage cross-border smuggling. Dangote spoke in an interview with Arise Television on Tuesday while responding to questions about rising petrol prices in Nigeria. He said the […] The post Dangote: Petrol cheaper in Nigeria than neighbours appeared first on Vanguard News.
By Udeme Akpan President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has assured retail and small investors that they will receive priority allocation if the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery is oversubscribed. Dangote, who described the offer as a genuine “People’s IPO”, said it was deliberately structured to broaden […] The post Dangote IPO: Small investors to get priority if offer Is oversubscribed appeared first on Vanguard News.
By Juliet Umeh President of Dangote Group, Aliko Dangote, has described his investment in the textile industry as the biggest business mistake of his decades in business. Dangote made the disclosure in an interview with Arise Television, where he reflected on some of the challenges he encountered while building his business empire. “My biggest business […] The post Textiles was my biggest business mistake — Dangote appeared first on Vanguard News.
“That is not my priority because God controls everything. You can pray for God to give you a son, but he might be the one to take down the name of the family. Sometimes, when God doesn't give you something, don't push,” he said. The post ‘Having a son isn’t my priority; my daughters have done better’ – Dangote appeared first on Vanguard News.
In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, saying the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals FZE would democratise wealth creation by giving Nigerians and investors globally an opportunity to own shares in one of Africa’s major industrial projects. The post Nigerian newspapers review: Our N2.2trn IPO’ll democratise wealth creatio
LAGOS — Africa’s richest man and President of Dangote Industries Limited, Aliko Dangote, has seen his net worth surge by $19.9 billion to $51.3 billion following the commencement of the initial public offering, IPO, of Dangote Refinery. According to Forbes’ Real-Time Billionaires List, Dangote’s fortune rose 63.37 per cent from $31.4 billion on Sunday to […] The post Dangote’s wealth surges 63% to $51.3bn after refinery IPO appeared first on Vanguard News.
By Peter Egwuatu Vetiva Advisory Services Limited has emerged as Lead Adviser to the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP), amidst several other parties to the landmark offer. The IPO, which opened yesterday is for 4.1 billion ordinary shares at N525 per share, with the company expected to […] The post Dangote IPO: Vetiva emerges lead adviser appeared first on Vanguard News.
Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has said the Initial Public Offering, IPO, of Dangote Petroleum Refinery and Petrochemicals, FZE, would democratise wealth creation by giving Nigerians and investors globally an opportunity to own shares in one of Africa’s major industrial projects. The post Refinery: Our N2.2trn IPO’ll democratise wealth creation —Dangote appeared first on Vanguard News.
Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has said the Initial Public Offering, IPO, of Dangote Petroleum Refinery and Petrochemicals, FZE, will democratise wealth creation by giving Nigerians and investors globally an opportunity to own shares in one of Africa’s major industrial projects. The post Dangote’s N2.2trn IPO to democratise wealth creation — Dangote appeared first on Vanguard News.
Nigerian billionaire Aliko Dangote has launched Africa's largest ever share sale, offering a stake in his oil refinery to the general public in a deal that could raise as much as $2.1bn (£1.6bn).
By Udeme Akpan President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has assured investors that the Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE presents a compelling opportunity for strong returns and sustainable wealth creation, positioning the offer as a chance for Nigerians and Africans to participate in one of […] The post Africa’s Biggest IPO: Dangote promises strong returns, generational wealth for investors appeare
LAGOS — President of Dangote Industries Limited, Aliko Dangote, has said he no longer wants to be described as the richest man in Africa, saying he would rather be recognised for creating wealth and opportunities for others. Dangote made the remarks on Monday while sounding the gong at the Nigerian Exchange (NGX) in Lagos to […] The post I don’t want to be called richest man in Africa — Dangote appeared first on Vanguard News.
LAGOS — President of Dangote Industries Limited, Aliko Dangote, has disclosed that he acquired his first private jet at the age of 22 and a half. Dangote made the disclosure on Monday at the Nigerian Exchange in Lagos during the formal launch of the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals. Reflecting […] The post I got first private jet at 22 — Dangote appeared first on Vanguard News.
Nigerian billionaire Aliko Dangote on Monday launched Africa's largest share sale yet with the initial public offering of his oil refinery, targeting the general public to raise as much as $2.1 billion for its expansion.
The IPO, which opened on Monday, September 14, 2026, comprises 4.1 billion new ordinary shares priced at N525 each. The post Dangote launches refinery’s N2.15tn IPO on NGX appeared first on Vanguard News.
…Charge young leaders to take control of continent’s narrative…Oramah: Dangote Refinery helping Africa ‘take back its mind’…Amina Mohammed: Stop acting as recipients, start shaping global power By Udeme Akpan LAGOS — Prominent African leaders, including Aliko Dangote, Deputy Secretary-General of the United Nations, Amina Mohammed, and former President and Chairman of the Board of Directors […] The post Africa must build, finance, own its future — Leaders appeared first on Vanguard News.
By Udeme Akpan President of Dangote Industries Limited, Aliko Dangote, has said shares of the Dangote Petroleum Refinery, being offered at N525 each, could rise to N10,000 in the future.Dangote also assured small-scale investors participating in the refinery’s Initial Public Offering, IPO, that they would be prioritised in the allocation of shares.He spoke in Hausa […] The post Dangote: N525 refinery shares may hit N10,000 appeared first on Vanguard News.
Hassan Hammoud, Chairman and CEO of Mamuda Group, led a delegation of board members on an official visit to the Dangote Refinery in Lagos today. The visit included a meeting with Aliko Dangote, President and Chief Executive of Dangote Group, and his daughter, Fatima Dangote, Executive Director of Dangote Group. The delegation toured key sections […] The post Mamuda Group Chairman and Board Delegation Visit Dangote Refinery, Meet Aliko Dangote appeared first on Vanguard News.
By John Alechenu ABUJA: The President of the Nigerian Institute of Public Relations (NIPR), Dr Ike Neliaku, has expressed confidence that the planned initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE will be oversubscribed, citing investors’ confidence in the reputation of its Chairman, Aliko Dangote. Neliaku made the projection on Friday in […] The post Dangote’s reputation to drive N2.15trn IPO — NIPR appeared first on Vanguard News.
The proposed initial public offering of Dangote Petroleum Refinery and Petrochemicals has drawn strong backing from prominent African and international leaders, who say opening the industrial giant to wider ownership could mark a new phase in African wealth creation, industrialisation and economic sovereignty. The post Dangote Refinery IPO: Global leaders rally behind plan to democratise Africa’s industrial wealth appeared first on Vanguard News.
By Udeme Akpan The planned Initial Public Offering (IPO) of Dangote Petroleum Refinery offers Nigerians a rare opportunity to move from being mere consumers of petroleum products to becoming shareholders in one of the country’s most strategic industrial assets. President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, who stated this in Lagos […] The post IPO: From fuel buyers to refinery owners —Dangote appeared first on Vanguard News.
By Peter Egwuatu LAGOS: Dangote Cement Plc has notified the Nigerian Exchange Limited, NGX, and the investing public of a recent share transaction by one of its insiders. The disclosure was made in compliance with the NGX post-listing rules governing transactions by directors and other insiders of listed companies. According to a statement filed with […] The post Dangote Cement insider buys 986 shares appeared first on Vanguard News.
By Udeme Akpan President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has said the forthcoming Initial Public Offering, IPO, of the Dangote Petroleum Refinery is being structured to enable ordinary Nigerians to participate in the ownership of one of Africa’s strategic industrial assets. According to him, the public offering was “for the […] The post Refinery IPO is for the people as process is simplified — Dangote appeared first on Vanguard News.
Africa’s richest share listing goes to market next week and the global energy market may never be the same again.
LAGOS — Dangote Petroleum Refinery and Petrochemicals has signed its initial public offering (IPO) documents with advisers and other parties involved in the proposed offer, ahead of its planned opening on September 14, 2026. The documents were signed on Monday at a preliminary signing ceremony for the proposed IPO of the refinery. Speaking at the […] The post Dangote refinery to launch IPO on September 14 appeared first on Vanguard News.
By Olakunle Oke, Marvellous Uzoma and Kamsy Gbenoba The Dangote Petroleum Refinery and Petrochemicals has commenced its Initial Public Offering (IPO), with President of Dangote Industries Limited, Aliko Dangote, targeting 10 million shareholders across Africa in what he described as an “IPO for the people.”The refinery is offering its shares at N525 each, with a […] The post Dangote targets 10m shareholders as Refinery IPO opens appeared first on Vanguard News.
LAGOS — President of Dangote Industries Limited, Aliko Dangote, on Monday said drivers, cooks, traders, domestic staff and managers would have the opportunity to own shares in the Dangote Petroleum Refinery and Petrochemicals FZE through its proposed Initial Public Offering, IPO. Dangote stated this at the signing ceremony for the registration documents of the proposed […] The post Drivers, cooks, traders can own refinery shares – Dangote appeared first on Vanguard News.
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