Tosin Onisuuru Quickly Subscribes to Dangote Refinery Shares

On September 14, 2026, Tosin Onisuuru, a Lagos-based entrepreneur, subscribed to shares in the Dangote Petroleum Refinery and Petrochemicals public offer through the NGX Invest website, completing the process in three minutes. This offer, comprising 4.1 billion ordinary shares priced at N525 each, is expected to raise about N2.15 trillion and is marketed as an ‘IPO for the People’.

The subscription process reflects a significant shift in Nigeria's capital market, moving from traditional physical methods to digital access. The NGX Invest platform, launched in 2024 with regulatory approval from the Securities and Exchange Commission (SEC), connects various financial institutions to streamline primary market transactions.

This digital transition has already proven effective, as evidenced during Nigeria’s banking recapitalisation programme, which mobilized N4.65 trillion, with N2.8 trillion raised through NGX Invest, onboarding over two million investors in 2025.