FULL LIST: 32 approved channels to buy Dangote Refinery IPO
Looking to invest in the Dangote Refinery IPO? See the full list of 32 approved banks, fintechs, and mobile operators to buy shares and avoid scams. Read More: https://punchng.com/full-list-32-approved-channels-to-buy-dangote-refinery-ipo/
The Nigerian stock market witnessed a massive N1.9 trillion loss in just two days as investors prepared for the highly anticipated IPO of Dangote Refinery. Valued at N2.15 trillion, market participants sold off their stocks, causing a 1.17 percent decline on Wednesday. The NGX ended the trading session at N1.88 trillion, down from N1.9 trillion.
Only four stocks managed to gain value during the session, while the majority saw significant declines. Champion Breweries, GreenWef, and UPDC were the notable gainers, with BUACEMENT and STANBICETF30 among the leading losers. The losses on Tuesday and Wednesday combined amounted to N1.9 trillion, setting the stage for the historic IPO that is set to open on September 16, 2026, at N525 per share.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Dangote Refinery IPO: NGX loses massive N1.9tn in two days as investors sell stocks dailypost.ng
- FULL LIST: 32 approved channels to buy Dangote Refinery IPO punchng.com
- Dangote says refinery IPO is “for the people” as share purchase process is simplified nairametrics.com
- Dangote refinery cuts debt to $5.7bn ahead of record IPO moneyweb.co.za
- Dangote Refinery IPO wins backing to democratise Africa’s industrial wealth businessday.ng
