The initial public offering for Dangote Petroleum Refinery & Petrochemicals FZE is now open for subscription. The offer period runs from Monday, 14 September to Tuesday, 13 October 2026, with 4.1 billion ordinary shares available at ₦525 per share and a minimum purchase of 10 units. Stanbic IBTC is serving as Joint Lead Issuing House, Joint Stockbroker, and Receiving Bank. Proceeds from the offer will be used for growth capital expenditure for the refinery expansion programme, and the shares are expected to be listed on the Nigerian Exchange Limited after the IPO concludes.
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