Aliko Dangote Extends Nigerian Refinery IPO Deadline to October 27

Aliko Dangote plans to extend the application deadline for the initial public offering of his Nigerian refinery by two weeks. The offering, which is the largest in the history of Africa, was originally scheduled to close on October 13 but will now remain open until October 27.

Dangote intends for the extension to provide investors in additional countries more time to access the listing. The final decision to move the date remains subject to approval by the Securities and Exchange Commission in Nigeria.