Dangote Petroleum Refinery’s IPO (“The People’s IPO”) has closed and was heavily oversubscribed—about three times the target. It drew investor applications from 120 countries, including all 54 African countries. The offer was designed so ordinary people could buy in with as little as a few dollars/naira. Share allocation starts soon, with listing expected in November. <div><br></div><div>Let discuss whether this is a real step toward African industrial ownership, if people applied (or plan to trade the shares), or what it means for Nigeria’s fuel market and jobs.</div><div><br></div><div><br></div><div><br></div><div><br></div>