Nigerians Can Buy Dangote Refinery Shares via PoS

The Dangote Petroleum Refinery has launched a public offer allowing Nigerians to purchase shares through selected Point of Sale (PoS) terminals, making it easier for retail investors to participate. The offer opened on September 14, 2026, with 4.1 billion ordinary shares priced at ₦525 each.

Investors can subscribe for a minimum of 10 shares, amounting to a minimum investment of ₦5,250. The subscription period will close on October 13, 2026.

Moniepoint has facilitated this process through its PoS network, enabling subscriptions via its “Buy for Others” feature. The IPO aims to raise approximately ₦2.15 trillion, marking it as one of the largest equity offerings in African capital-market history.

Investors are advised that submitting an application does not guarantee share allotment and should be aware of potential charges from agents for conventional PoS transactions. Shares are expected to be listed on the Nigerian Exchange following the IPO process.