Dangote Petroleum Refinery

Participate in the Dangote Refinery Public Offer

Offer closes

13 October 2026

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Application Documents

Please ensure you download and complete the required application form before submitting your application.

Subscribing for less than 50,000 shares?

Applications below 50,000 shares should be submitted through the designated electronic application channel.

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Submit Your Application

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Offer Price

₦525

Per ordinary share

Shares Offered

4.1B

Up to 4.1 billion shares

Offer Opens

14 Sep

14 September 2026

Offer Closes

13 Oct

13 October 2026

About the Offer

Understanding the Dangote Refinery Public Offer

The Dangote Refinery Public Offer provides eligible investors with an opportunity to subscribe for new ordinary shares in Dangote Petroleum Refinery & Petrochemicals FZE.

Investors should carefully review the applicable offer documentation, eligibility requirements and subscription terms before submitting an application.

The information presented on this page is intended to provide a convenient summary of the offer. Investors should refer to the official offer documentation for the complete terms and conditions.

Before You Subscribe

Make sure you have everything you need

Valid BVN

A valid Bank Verification Number is required for electronic application validation.

CHN & CSCS Details

Have your Clearing House Number and CSCS account details available where applicable.

Eligible Investor

Participation is subject to the eligibility requirements and restrictions applicable to the offer.

Complete Information

Ensure that your personal and investment information is accurate before submitting your application.

Who Can Invest?

Eligibility for the offer

Retail investors who meet the applicable requirements.

Qualified institutional and high-net-worth investors.

Eligible African investors, subject to applicable restrictions.

Eligible international investors, subject to applicable laws and selling restrictions.

How to Subscribe

A simple step-by-step process

01

Complete your application

Provide the required investor, subscription and settlement information.

02

Confirm your subscription

Review your requested number of shares and confirm the amount payable.

03

Make payment

Fund your subscription in Nigerian Naira according to the approved payment instructions.

04

Receive your confirmation

Your application will be processed in accordance with the terms of the offer.

After You Subscribe

What happens after your application

Application processing

Your application will be reviewed and processed according to the applicable offer terms.

Allotment

Submitting an application does not guarantee that all requested shares will be allotted.

Unused subscription funds

Where applicable, funds relating to shares that are not allotted will be handled in accordance with the offer terms.

Share settlement

Shares allotted to successful applicants will be credited following completion of the allotment and settlement process.

Important Information

Investors should read the applicable prospectus and offer documentation carefully before making an investment decision. The information on this page is a summary and does not replace the official offer documentation.

Frequently Asked Questions

Answers to common questions about the offer

What is the Dangote Refinery IPO?
The Dangote Refinery Public Offer provides eligible investors with an opportunity to subscribe for new ordinary shares in Dangote Petroleum Refinery & Petrochemicals FZE, subject to the terms of the offer and applicable regulatory requirements.
What is the offer price?
The stated offer price is ₦525 per share.
How many shares are being offered?
The offer comprises up to 4.1 billion new ordinary shares.
When does the offer open?
The stated opening date is 14 September 2026.
When does the offer close?
The stated closing date is 13 October 2026.
Who can participate?
Eligible retail investors, qualified institutional and high-net-worth investors, eligible African investors and other qualifying international investors may participate, subject to applicable restrictions and the terms of the offer.
Do I need a BVN?
A valid BVN is required for electronic applications. Applicants should also have their CHN and CSCS account details available where applicable.
Does applying guarantee that I will receive all the shares I request?
No. Submission of an application does not guarantee that all requested shares will be allotted. Allotment will be conducted in accordance with the applicable offer terms.

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