Dangote Refinery plans $1.5B IPO mid-September, greenshoe option

Dangote Refinery is reportedly preparing a $1.5 billion IPO for mid-September, with a 15% greenshoe option if oversubscribed. The listing would be a major capital markets event for Nigeria, potentially attracting foreign investment and boosting liquidity. Details remain unconfirmed, with the source cited as an unnamed insider.