Dangote Petroleum Refinery and Petrochemicals FZE has approved 32 banks, fintechs, mobile operators and other platforms through which investors can subscribe for its shares when the public offer opens. The company published the list on its official IPO website, warning investors to subscribe only through channels listed on the platform. The approved channels comprise 19…
Every day from September 14, investors can participate with a minimum subscription of 10 shares, costing ₦525. The Dangote Petroleum Refinery and Petrochemicals FZE will, on September 14, 2026, open its initial public offering (IPO) for sale. The landmark ₦2.15 trillion ($1.6 billion) deal marks the launch of Nigeria’s largest-ever public share sale, with 4.1…
Nigeria has suspended gasoline import licenses, favouring reliance on local production from Dangote’s refinery. The Dangote refinery supplied almost all of Nigeria’s gasoline in February and currently covers about 64% of demand. Major oil marketers like TotalEnergies SE, Conoil Plc, and MRS Nigeria Plc have had their import licenses revoked. Import permits will now only…
