Rev. Hayab Urges Christians to Invest in Dangote IPO
Rev. Joseph John Hayab, the Chairman of the Northern Christian Association (NCA), urged Christians to invest in the Dangote Petroleum Refinery Initial Public Offering (IPO) during a media event in Kaduna. He stated that religious considerations should not prevent Christians from owning shares in businesses, emphasizing that "business has no religion." Hayab encouraged responsible Christian leaders to promote a culture of investment among their members, highlighting the potential for wealth building through share ownership.
The Dangote IPO comprises 4.1 billion ordinary shares priced at N525 each, with a minimum subscription of 10 shares valued at N5,250. The offer opened on September 14 and is set to close on October 13, 2026.
Hayab also called for increased investment awareness among Nigerians, asserting that reliance on salaries limits wealth creation. He directed NCA members to raise awareness about the IPO in churches and appealed for an extension of the offer period to enhance public awareness.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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