Dangote Refinery IPO Surge

Bamboo, a digital investment platform, faced login issues due to overwhelming traffic as users sought to subscribe to the Dangote Refinery's N2.15 trillion IPO. The platform acknowledged the disruption and is working to resolve it.

The Dangote Refinery IPO raised approximately N1.5 trillion in six hours on September 14, 2026, marking it as Africa's largest IPO. The offer, priced at N525 per share, faced high demand, causing outages on fintech platforms Bamboo and Cowrywise.

Bamboo app experienced login failures due to a surge of users attempting to access the Dangote Refinery IPO. The company attributed the disruption to unexpected traffic volumes and is working to restore access.