UBA opens subscription channel for Dangote Refinery IPO, invites investors to participate
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been named as an authorised financial institution through which eligible investors... The post UBA opens subscription channel for Dangote Refinery IPO, invites investors to participate appeared first on Nairametrics .
United Bank for Africa (UBA) has been designated as an authorised financial institution to facilitate subscription for the upcoming Dangote Refinery IPO. Investors, both domestic and international, will have the opportunity to acquire 4.1 billion ordinary shares at ₦525 per share, with a minimum subscription of 10 shares valued at ₦5,250.
The IPO, which opens on September 14, 2026, and closes on October 13, 2026, is expected to be a significant transaction for Nigeria's capital market, promoting financial inclusion and providing retail investors with an opportunity to invest in a major Nigerian industrial enterprise. UBA encourages eligible investors to review the offer documents, understand the terms and risks involved, and subscribe through its approved channels.
Brief written by urgent.news from Nairametrics's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
