Moniepoint Microfinance Bank and TeamApt Limited have expanded access to the Initial Public Offering (IPO) of Dangote Petroleum Refinery, enabling Nigerians to subscribe via Moniepoint's mobile banking platforms and nationwide Point-of-Sale (POS) terminals. The partnership offers another channel for retail investors to participate in Nigeria's largest-ever public offering, with shares priced at N525 each. Eligible investors can subscribe for a minimum of 10 shares and a maximum of 500 shares per transaction. Babatunde Olofin, Managing Director and CEO of Moniepoint Microfinance Bank, said the initiative aligns with the company's focus on widening access to financial opportunities.
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