daxlinksCapital Markets Desk

Dangote Petroleum Refinery · Public Offer

Africa's largest IPO opens 14 September.

Dangote Petroleum Refinery lists on the NGX. Shares from ₦525, minimum ₦5,250. We'll make sure you're ready to subscribe on day one — not reading about it in November.

Until the offer opens

—Days
—Hours
—Minutes
—Seconds
Join the list

Subscriptions are placed directly with an SEC-registered capital market operator of your choice, in your own name. Daxlinks is not a broker-dealer and does not hold subscription funds.

The offer

4.1 billion ordinary shares, at ₦525 each.

Dangote Petroleum Refinery and Petrochemicals FZE is offering roughly 4.1 billion shares, raising approximately ₦2.15 trillion.
Price per share
₦525
Minimum subscription
10 shares · ₦5,250
Offer opens
14 September 2026
Offer closes
13 October 2026
Listing
NGX Main Board · November
Vetiva Advisory Services is lead issuing house, with FirstCap and Stanbic IBTC Capital, alongside a syndicate of participating houses. The prospectus is the document that matters — read it in full before you decide anything.

What we do for you

We tell you when it opens

One message the morning subscription goes live — with exactly what to do next. Not when the news cycle finally gets to it.

We get your paperwork done before the rush

A CSCS account and completed KYC take minutes when there's no queue and days when there is. We'll sit with you and finish it this week.

We explain the parts that trip people up

What a CHN is. What happens if the offer is oversubscribed and you're scaled back. When your money returns if you aren't allotted. What you actually own afterwards.

How it works

1

Join the list. Name, email, phone. Takes a minute.

2

We set you up. BVN or NIN, a valid ID, a selfie check. Your broker opens your CSCS account and issues your CHN.

3

You read the prospectus. We point you to the sections that matter and answer questions. We won't tell you how much to buy.

4

You subscribe. In your own name, through your own broker, during the offer window. Your shares, your account, your name on the register.

Who can participate

Nigerians at home and abroad. Dangote has been explicit that there is no restriction on who can own these shares.
If you're in the diaspora the process is the same, but the paperwork takes longer — international ID documents, address verification and funding from outside Nigeria all add days. Start now, not on 13 October.

What's a CHN?

Your CSCS House Number — the identifier that ties shares to you personally in Nigeria's central depository. You don't apply for one directly; your broker issues it when your account opens. Without it you can't be allotted shares. Already invested before? Dial *7270# — you may already have one.

Join the list

One message the morning it opens. Nothing else.

Before you go further

Nothing on this page is investment advice, a recommendation, or an offer to sell securities. Daxlinks does not tell you whether to buy Dangote shares or how many.

Daxlinks is not a broker-dealer. All subscriptions are made directly with an SEC-registered capital market operator, in your own name and through your own account. Daxlinks does not receive, hold or transmit subscription funds at any point, and receives no commission on your subscription.

Share prices fall as well as rise. An IPO can trade below its offer price after listing. Oversubscribed offers are scaled back, so you may be allotted fewer shares than you apply for. IPO participation is subject to eligibility, availability and issuer terms. Read the official prospectus in full before subscribing.