Stockbrokers offer safer route to Dangote IPO — Ex-CIS boss
A former CIS president advises Nigerians seeking to invest in the N2.15tn Dangote Refinery IPO to use licensed stockbrokers for professional advice and sup Read More: https://punchng.com/stockbrokers-offer-safer-route-to-dangote-ipo-ex-cis-boss/
Former Chartered Institute of Stockbrokers president Olatunde Amolegbe has advised Nigerian investors to consider investing in the Dangote Petroleum Refinery's initial public offering through licensed stockbrokers. Amolegbe, who is now the Managing Director and CEO of Arthur Stevens Asset Management Limited, highlighted the benefits of professional advice, portfolio management, and assistance in resolving share-related issues when investing through stockbrokers.
These services can be accessed via Central Securities Clearing System accounts and electronic trading platforms, making stockbroking services more accessible to retail investors. The IPO, seeking to raise N2.15tn to finance the refinery's expansion, features 4.1 billion ordinary shares at N525 per share, with a minimum investment of N5,250.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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