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Daily Trust·September 9, 2026 at 2:41 AM

The Securities and Exchange Commission has approved the Dangote Refinery's application to offer a marginal percentage of its issued share capital to retail and institutional shareholders, formally reclassifying the refinery as a public limited liability company. According to Daily Trust, the approval raises questions about how northern Nigerians can secure a stake in the refinery, with the article framing the share float as an opportunity to democratise wealth and broaden public ownership.

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Dangote RefinerySECshare flotationnorthern Nigeriainvestment

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