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Dangote Refinery IPO Tests Whether Strategic Scale Can Justify a Premium Price

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Dangote Refinery IPO Tests Whether Strategic Scale Can Justify a Premium Price

At N525 a share, Dangote Petroleum Refinery’s public offer could raise N2.15 trillion and value the company at about N65.22 trillion after the issue. The refinery brings rare scale, stronger 2026 earnings and a credible regional energy-security story.

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