Nigeria’s Dangote oil refinery IPO to be extended by 10 days, executive and adviser say

Sign UpSign InOpen menuMarketsMarket OverviewAfrican EquitiesCryptocurrencyForeign ExchangeCommoditiesNewsLatestFeaturedCryptocurrencyEconomySpecial ReportsTechnologyTradeClimate ChangeMarketsRegionsSouthern AfricaWest AfricaEast AfricaInternationalCNBC TVLatest VideoTop VideoWatch LiveEarningsCEO InterviewsAnalysisTV GuideShowsInsightsInsightsConnecting NationsInvestmentPower LunchFinancial EducationVision 2050LivestreamEventsSign Up / Sign InClose MenuSearch CNBC AfricaSearchQuick LinksAfricaSouth AfricaRwandaNigeriaPower LunchInvestmentTechnologyMarketsFinancial EducationInsightsNigeriaNigeria’s Dangote oil refinery IPO to be extended by 10 days, executive and adviser sayChijioke Ohuocha and MacDonald DzirutweBy ReutersPublished October 12, 2026 at 16:20 GMTSaveShare People walk past a billboard advertising Dangote Petroleum Refinery’s initial public offering (IPO) on Alfred Rewane Road in Ikoyi, Lagos, Nigeria, October 9, 2026. REUTERS/Sodiq Adelakun ABUJA, Oct 12 (Reuters) – The Initial Public Offering of Nigerian billionaire Aliko Dangote’s oil refinery will be extended by 10 days to allow investors from other African countries to participate, a company executive and adviser on the deal told Reuters.

The IPO opened about a month ago and was meant to close on Tuesday. It is targeting the general public to raise as much as $2.1 billion for the refinery’s expansion, in what is expected to be Africa’s largest share sale yet.

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