How Nigerian students can get free Dangote Refinery shares
Nigerian students can qualify for 10 additional shares in Dangote Petroleum Refinery and Petrochemicals FZE at no cost under the Aliko Dangote Foundation’s Student Share Grant Initiative. The initiative announced by the Dangote’s foundation across their social media handles in October was designed to promote financial inclusion, encourage savings and investment, and introduce young Nigerians Read…
Nigerian students have the opportunity to receive free shares in Dangote Petroleum Refinery and Petrochemicals FZE through the Aliko Dangote Foundation's Student Share Grant Initiative. This program aims to promote financial inclusion, encourage savings and investment, and introduce young Nigerians to capital market participation.
Eligible students who apply for and purchase at least 10 shares in the refinery's initial public offering may qualify for the foundation to fund an additional 10 shares on their behalf, without incurring any extra costs. However, the allotment of shares is not guaranteed. To be eligible, students must meet certain criteria, including being at least 18 years old, enrolled in a Nigerian tertiary institution, and not pursuing a postgraduate degree.
They must also provide the necessary information for student verification, including their institution's name, matriculation number, Bank Verification Number, email address, and phone number. After verifying their student status and completing the required application process, students can apply for at least 10 shares in their own names.
If approved, the foundation may fund the purchase of an additional 10 shares on their behalf. The initial deadline for this initiative is October 27, 2026.
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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