Dangote Refinery’s ₦2.15 Trillion Public Offer Closes on 27 October

Dangote Petroleum Refinery and Petrochemicals’ public offer closed on 27 October 2026. The offer comprised 4.1 billion ordinary shares priced at ₦525 each, representing an initial offer value of approximately ₦2.15 trillion; an oversubscription option could increase the potential value to approximately ₦2.80 trillion, subject to regulatory approval. Applications were still undergoing verification after closing, so these figures should not be described as confirmed proceeds received. Corporate finance advisers, investors and financial institutions can explore transaction analysis, valuation modelling and investor reporting. HPC can support complex financial analysis and data processing; contact HPC for a quotation based on your transaction requirements.