Dangote Refinery advises investors to disregard false reports on proposed public offering

Lagos, March 27, 2026 – Dangote Refinery and Petrochemical Company has advised prospective investors to disregard false reports circulating about its planned public offering.

The company said in a statement that it would make formal  announcement to give comprehensive, and accurate details regarding any proposed transaction through official channels

 It said any such offer, if made, would be undertaken solely on the basis of duly authorised offer documentation and in compliance with all applicable laws and regulatory requirements.

It said the clarification was necessary  after the management observed recent circulation of unauthorised information across various media and social platforms regarding a potential Initial Public Offering.

The company said several online platforms and unofficial sources had published unverified, and in some instances inaccurate, information relating to a potential offering. Such reports do not originate from the Dangote Refinery and should be treated with caution, it warned.

“All official updates regarding any potential transaction will be communicated strictly through DPRP’s formal public disclosures and announcements issued by its appointed advisers, in line with applicable laws and regulatory requirements.

“Accordingly, the public, investors, and all market participants are strongly advised to disregard speculative commentary and rely solely on verified information formally issued by DPRP or its authorised representatives.

“The DPRP remains committed to the highest standards of transparency, corporate governance and market integrity. The Enterprise also underscores the importance of responsible public communication and urges commentators, analysts and social media influencers to rely only on authenticated information,” the statement said.

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