Davido and Dangote Promote IPO at Times Square Billboard
On September 22, 2026, Afrobeats superstar Davido and Africa's richest man, Aliko Dangote, appeared together beneath a Nasdaq billboard in Times Square, New York, promoting the Initial Public Offering (IPO) of the Dangote Petroleum Refinery. The billboard displayed the message: "Made in .
Built for the World." During the event, Davido asked Dangote why Nigerians should invest in the refinery, emphasizing the potential for wider public ownership to distribute wealth across Africa. The IPO, which opened on September 14, 2026, and runs until October 13, 2026, offers 4.1 billion shares at ₦525 each, valued at approximately $1.6 billion.
This initiative is aimed at Nigerian and eligible African investors, with plans for the refinery to be listed on the Nigerian Exchange. Following the event, American rapper Swizz Beatz shared the moment on Instagram, tagging Davido, who responded with a love emoji, indicating appreciation.
The longstanding relationship between Davido and Dangote has been noted, with Davido referring to Dangote as a family friend.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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