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United Capital Facilitates Dangote Refinery IPO Participation

United Capital Facilitates Dangote Refinery IPO Participation

United Capital is providing digital access to the Dangote Petroleum Refinery IPO via its InvestNow platform, which is open for participation until October 13, 2026. The public offer, valued at N2.15 trillion, includes 4.1 billion ordinary shares priced at N525 each.

The offer opened on September 14, 2026, with a minimum subscription requirement of 10 shares, totaling N5,250. United Capital is acting as Joint Issuing House through its Investment Banking business and as one of the Official Stockbrokers via United Capital Securities.

The InvestNow platform, launched in September 2018, allows eligible investors to subscribe online, enhancing retail participation in this significant public offering. The Dangote Refinery aims to raise capital for expansion from approximately 700,000 barrels per day to 1.4 million barrels per day.

United Capital's involvement reflects its commitment to technology-driven financial services and broadening digital participation in Nigeria's capital market.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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