Dangote Refinery offers retail investors 1-for-10 bonus shares for two years post-listing

Dangote Refinery announced a retail incentive program granting one bonus share per ten held annually for the first two years post-listing, contingent on continuous 12-month holding. This is a corporate action aimed at boosting retail participation and stabilizing the stock ahead of its IPO. The move signals confidence in the refinery's cash flow but adds dilution risk for existing shareholders.