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KOKO Business · 12 Oct 2026

Investors Get More Time to Consider Dangote Refinery’s Share Offer

KOKO Business | People, Ideas, Markets, Growth | Investors Get More Time to Consider Dangote Refinery’s Share Offer

Applications for Dangote Refinery’s share offer will now close on October 27, 2026, after the original October 13, 2026 deadline was moved back by two weeks. The offer opened on September 14, 2026, and covers 4,100,000,000 ordinary shares priced at N525.00 each.

Aliko Dangote, the group’s president, said the extension is meant to broaden access to the share sale for African participants. The company also ties the added time to plans for wider distribution in African markets and unsponsored depositary receipts intended to support cross-border investment. Prospective applicants have extra time to set up accounts, verify their identities and complete other regulatory steps required to participate.