The Dangote Petroleum Refinery and Petrochemicals FZE public offer is the big Dangote share story of September 2026. The offer covers 4.1 billion ordinary shares at ₦525 per share, with a minimum subscription of 10 shares, or ₦5,250.
The official IPO website says the offer opened on 14 September 2026 and is scheduled to close on 13 October 2026. Those dates and all other terms should be checked against the official offer documents before you apply.
What does “buying shares” mean here?
An IPO, or initial public offering, is a way for a company to offer shares to the public. You submit an application through an approved channel. That application is then processed under the terms of the offer.
There is one important distinction: an application is not the same thing as an allotment. If you apply for shares, you have made an application. You become a shareholder when shares are actually allotted to you under the offer process.
How much can you apply for?
The published minimum is 10 shares. At ₦525 per share, that is ₦5,250. You can apply for more shares, subject to the offer terms and any applicable limits.
Where should you apply?
The official site lists approved banks, fintechs, mobile operators and other electronic application channels. Use those channels rather than sending money to someone who contacts you on WhatsApp, Instagram, X or another social platform.
The simple rule
If a stranger promises a guaranteed allocation, asks for your OTP or PIN, or asks you to transfer money to a personal account, stop. The SEC has specifically warned investors to use only approved channels and verify the platform before providing personal or financial information.