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Bloomberg

Dangote Refinery Cuts Debt to $5.7 Billion Ahead of Record IPO

Wednesday, September 9, 2026


Dangote Refinery reduced its debt to $5.7 billion after cutting $570 million, according to the company. The refinery increased production and sales ahead of a planned initial public offering. The IPO could expand by up to 30% based on investor demand.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-09/dangote-refinery-cuts-debt-to-5-7-billion-ahead-of-record-ipo

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