Nigeria’s Dangote Petroleum Refinery and Petrochemicals has taken a major step toward becoming a publicly owned company after formally signing documents for its landmark Initial Public Offering (IPO) in Lagos on Monday, September 7, 2026.
With huge public interest expected, investors should be cautious about fraudulent websites, agents and social-media accounts claiming to be selling Dangote Refinery shares before the official subscription window.
The approved offer is ₦525 per share, and the IPO is scheduled to open on September 14, 2026. Investors should use only authorised channels and information contained in the official offer documents.
How to buy the Dangote Refinery IPO in 5 simple steps
1. Choose a licensed Nigerian stockbroker and open an investment account.
2. Get your CSCS account/CHN through the stockbroker. This is where your shares will be recorded.
3. Fund your brokerage account with the amount you want to invest.
4. Apply for the Dangote Refinery IPO through your broker when the subscription opens. Enter the number of shares you want and pay the required amount.
5. Wait for allotment. If your application is successful, the shares will be credited to your CSCS account. You can then hold them or sell them after the shares are listed on NGX.
In short: Broker → CSCS → Fund account → Apply → Receive shares.
How do I get a broker?
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