Dangote IPO Opens as Markets Wobble: Nigeria's Financial Crossroads

Africa's largest refinery is officially going public. The Securities and Exchange Commission has approved the Dangote Petroleum Refinery's Initial Public Offering, clearing the way for 4.1 billion shares to be sold at N525 each — a deal that could raise up to N2.15 trillion if fully subscribed. This isn't just another listing. It's a once-in-a-generation opportunity for ordinary Nigerians to own a piece of the continent's most important industrial asset. With a...