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The Nexus
BUSINESSAug 18 · 09:23 UTCBLOOMBERGAnthony Osae-Brown and Jennifer Zabasajja

Dangote’s Nigeria Refinery Secures $400 Million Ahead of $2 Billion IPO

Investors have committed $400 million towards a planned initial public offering by Dangote Petroleum Refinery & Petrochemicals FZE. This funding is being raised for the expansion of the facility, which operates as the continent’s largest crude oil processing plant.

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Dangote Petroleum Refinery & Petrochemicals FZEorganizationNigeriaplace$400 milliontopicIPOtopicDangoteperson
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Dangote’s Nigeria Refinery Secures $400 Million Ahead of $2 Billion IPO · The Nexus