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Dangote Refinery IPO: i-invest Expands Digital Access for Retail Investors

Nume Ekeghe The opening of the Dangote Refinery public offer is giving retail investors another avenue to participate in the ownership of one of Africa’s largest industrial assets, with digital

The Dangote Refinery public offer opened on September 14, 2026, offering 4.1 billion ordinary shares at N525 per share, with the potential to raise N2.15 trillion if fully subscribed. Minimum investment for retail investors is 10 shares, requiring a N5,250 commitment. To participate, investors must have a completed i-invest account, Know Your Customer information, and a Central Securities Clearing System account.

The digital platform, i-invest, powered by Parthian, allows eligible investors to apply for the offer online, following the submission of their account and regulatory details. Once their application is approved and their account funded, investors can purchase shares at the offer price, with a minimum of 10 shares equating to N5,250.

Despite the ease of digital subscription, potential investors must be aware of the investment risks, as the value of shares may fluctuate and dividends are not guaranteed. The offer closes on October 13, 2026, and retail investors are advised to thoroughly review the prospectus and other documents before making a decision, or consult a stockbroker or financial adviser for further guidance.

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