For Nigerians planning to buy shares in Dangote Petroleum Refinery and Petrochemicals FZE through its initial public offering, submitting an application and making payment are only the first steps.
The company’s prospectus, released around the September 7, 2026 signing ceremony in Lagos, shows that 4.1 billion ordinary shares are on offer at ₦525 each. The minimum subscription is 10 shares, which costs ₦5,250.
A full subscription would raise about ₦2.15tn, roughly $1.6bn. The offer will run from September 14 to October 13, 2026.
File photo: Aliko Dangote
So, what actually happens after you submit your application?
