Investors interested in buying shares in Dangote Petroleum Refinery and Petrochemicals FZE can subscribe through 32 approved financial and investment platforms listed by the company.
The list includes major Nigerian banks, fintech companies, mobile money operators and NGX Invest.
Dangote Refinery published the approved channels on its official IPO website as part of preparations for its public offer.
The company urged investors to be cautious and use only the authorised platforms, warning that subscriptions made through unconfirmed channels should be avoided.
The approved channels are as follows:
19 Approved Banks
- Access Bank
- Ecobank
- FCMB
- Fidelity Bank
- FirstBank
- Globus Bank
- GTCO
- Jaiz Bank
- Keystone Bank
- Lotus Bank
- PremiumTrust Bank
- Providus Bank
- Stanbic IBTC
- Sterling Bank
- TAJ Bank
- UBA
- Union Bank
- Wema Bank
- Zenith Bank
10 Approved Fintech Companies
- Bamboo
- Flutterwave
- InvestNaija
- Ladder
- Moniepoint
- Paga
- Payaza
- PiggyVest
- Vetiva Invest
- we.yan
2 Approved Mobile Money Operators
- Airtel SmartCash
- MTN MoMo
NGX
- NGX Invest
According to the information published by the refinery, the IPO offer price is currently ₦525 per share.
The minimum subscription is 10 shares, meaning an investor can participate with a minimum investment of ₦5,250, based on the stated offer price.
The public offer is designed to enable members of the Nigerian investing public to acquire ordinary shares in the Dangote Refinery as the company seeks to raise capital.
With the number of participating banks and investment platforms spanning traditional banking, fintech and mobile money services, the approved network provides investors with several options for accessing the offer.
However, investors should verify that they are using one of the 32 channels officially approved by the refinery before submitting an application or making any payment.
The company has specifically warned members of the public not to subscribe through any channel that has not been confirmed on its official IPO platform.
