Step-by-step guide to buying Dangote Refinery shares

The Dangote Petroleum Refinery and Petrochemicals FZE will hold Africa's largest Initial Public Offering on September 14, 2026, allowing Nigerians to invest in the refinery's equity. Dangote Group CEO, Aliko Dangote, signed the offer documents in a ceremony alongside advisers and issuing houses. The offer features 4.1 billion ordinary shares priced at N525 each, with the company aiming to raise around N2.15tn for refinery expansion to nearly double its capacity to 1.4 million barrels per day.

Subscription begins at a minimum of 10 shares, costing N5,250. The step-by-step guide to buying Dangote Refinery shares involves: setting up a brokerage account, linking or opening a Central Securities Clearing System account, completing identity verification, funding the account, watching the official opening date, submitting an application through approved channels, awaiting allotment, and tracking holdings after listing.