The Dangote Refinery is heading to the Nigerian Exchange H2 2026, and the listing is targeting the Main Board. But by every measure that matters, this is a Premium Board company. Here is what the criteria say, why the Main Board was likely the pragmatic choice, and what it all means for investors preparing to participate in the largest IPO in African capital market history.

Africa’s largest refinery is going public, and the subscription window opens in May 2026. The Dangote Petroleum Refinery IPO is targeting a listing on the Nigerian Exchange between June and July 2026, with analysts valuing the business at up to $50 billion. There is a dollar dividend structure on the table, a pan-African listing ambition, and a very short window to get ready. Here is how to prepare before shares go on offer.

Every tonne of surfactant used by detergent manufacturers in West Africa is currently imported. Dangote Refinery plans to change that, and the business it is building around that gap is one of the more compelling parts of the IPO story.

The Dangote Refinery IPO is set for 2026 on the Nigerian Exchange. Here is an honest breakdown of the investment case, the risks, how to buy shares, and what to look for in the prospectus before you invest.

Nigeria’s capital market is entering one of its most active primary market seasons in years. From a landmark refinery IPO that could reshape the entire stock exchange, to a wave of insurance sector rights issues driven by new regulation, there is real opportunity on the table right now. Here is everything you need to know.

Learn how IPOs work in Nigeria, from SEC approval and NGX listing requirements to how everyday investors can participate. A clear, complete guide to the Nigerian IPO process.