
The Nigerian Exchange (NGX) has postponed the planned August launch of its new shares pricing methodology after market participants requested more time to adjust to recent reforms, notably the transition to a T+1 settlement cycle. According to Nairametrics, the delay also comes as investors prepare for the Dangote Refinery's anticipated N2.15 trillion initial public offering, which is expected to be a significant market event.
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In an opinion piece for ThisDay Live, Sola Oni argues that a successful initial public offering of the Dangote Refinery would deepen the Nigerian Exchange (NGX), broaden investor participation, and strengthen market liquidity. The article describes the anticipated listing as a defining moment for the Nigerian capital market, suggesting that the refinery's entry onto the exchange could mark a transformative milestone for the NGX and the wider economy.
ThisDay Live·September 8, 2026 at 1:26 AM
The planned September 2026 listing of Dangote Petroleum Refinery could become a landmark event for Nigeria's capital markets, giving retail and institutional investors access to one of Africa's largest industrial assets. According to accounting professor and financial expert Godwin Oyedokun, the initial public offering could also reshape how major Nigerian companies are valued and financed. The listing is being watched as a potentially transformative moment for investment in the country.
Zalebs·September 7, 2026 at 11:18 AM
The Nigerian equities market recorded another major sell-off on Wednesday, losing about N1.67 trillion in value, as investors scrambled to raise cash ahead of an anticipated Dangote initial public offering, according to Tribune Online. The report indicates that the sell-off on the Nigerian Exchange was driven by demand for funds to participate in the forthcoming listing. The story, published by the Nigerian newspaper on 9 September 2026, does not specify which Dangote entity is going public.
Tribune Online (NG)·September 9, 2026 at 9:18 PM
Nigeria's equities market extended its rally as total market capitalisation on the Nigerian Exchange (NGX) rose to a record N160.60 trillion, according to Tribune Online. The 0.65 per cent increase followed the listing of 8.09 billion new ordinary shares of Dangote Sugar Refinery Plc on the exchange. The gain outpaced the 0.29 per cent rise recorded previously, underscoring continued bullish momentum in the Nigerian stock market.
Tribune Online (NG)·September 7, 2026 at 7:45 PM
The Dangote Petroleum Refinery is set to open its public offer to Nigerian investors on 14 September, with shares priced at N525 each, according to Nairametrics. The initial public offering is described as a rare opportunity for local investors to acquire ownership in one of the country's largest industrial projects. The article, written from a personal finance perspective, encourages young professionals to consider participating in the offer as a means of building long-term, generational wealth through asset ownership rather than relying solely on salaried income.
Nairametrics·September 10, 2026 at 9:29 AM
Equity investors on the Nigerian Exchange (NGX) lost about N1.88 trillion on Tuesday as renewed profit-taking hit major stocks including MTN Nigeria, First HoldCo, AccessCorp and GTCO, according to Daily Trust. The NGX All-Share Index fell 1.17 percent, shedding 2,897.67 points to close at 244,802.11, while the year-to-date return moderated to 57.31 percent. The decline reflects renewed selling pressure across the equities market.
Daily Trust·September 9, 2026 at 2:17 AM