Dangote Refinery IPO: 10 steps to buy shares for N5,250

Vanguard News | 08-09-2026 08:29am |

The proposed Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) will allow investors to acquire shares in one of Africa's biggest industrial projects, with an offer price of N525 per share and a minimum subscription of 10 shares costing N5,250. The offer is expected to open on September 14, 2026, providing an opportunity to participate in the ownership of the 700,000-barrels-per-day refinery. Prospective investors need to follow key steps, including opening a stockbroking account and obtaining a CSCS account to hold shares electronically.

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