Dangote Refinery IPO Opens for Retail Investors via i-invest

The public offer for Dangote Petroleum Refinery and Petrochemicals FZE commenced on September 14, 2026, providing retail investors with the opportunity to invest in one of Africa's largest industrial assets. The offer includes 4.1 billion ordinary shares priced at N525 each, potentially raising about N2.15 trillion if fully subscribed.

Retail investors can participate with a minimum subscription of 10 shares, translating to an investment of N5,250, with subsequent applications in multiples of 10 shares. Digital investment platform i-invest, powered by Parthian, facilitates access to this offer, allowing eligible investors to complete their applications digitally after fulfilling account and regulatory requirements.

A Central Securities Clearing System account is necessary for electronic shareholding. The offer is set to close on October 13, 2026, and while the digital access simplifies participation, investors are cautioned about the inherent risks of equity investments, including the possibility of losing part or all of their investment.