{
  "id": 11581446,
  "title": "Dangote Foundation Launches Student Share Grant to Promote Investment CultureSunday Ehigiator",
  "url": "https://urgent.news/2026/10/03/dangote-foundation-launches-student-share-grant-to-promote-investment",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T02:00:09.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/10/03/dangote-foundation-launches-student-share-grant-to-promote-investment-culturesunday-ehigiator/"
  },
  "original_language": "en",
  "account": "The Aliko Dangote Foundation (ADF) has introduced a Student Share Grant Initiative to boost financial literacy, responsible investing, and long-term asset ownership among Nigerian youths. This initiative aims to increase participation in Nigeria's capital market by offering hands-on investment experience to eligible tertiary students aged 18 and above. To qualify, students must complete the verification process, apply for a minimum of 10 shares in Dangote Petroleum Refinery and Petrochemicals FZE's initial public offering (IPO), and meet other eligibility criteria. If successful, the Foundation will fund an application for an additional 10 shares in the student's name, with no additional cost.\n\nADF Chairman, Alhaji Aliko Dangote, emphasized that supporting young Nigerians goes beyond education, as it also involves equipping them with the knowledge and opportunities to contribute to economic value creation. The Foundation's Chief Executive Officer, Mrs. Zouera Youssoufou, added that financial literacy gains when people can apply their knowledge practically. Students can access the initiative through the designated portal, complete the verification process, and apply for the initial 10 shares. Upon successful verification, ADF will fund an application for an additional 10 shares at no cost to the student. However, the grant cannot be used for purchasing shares in another person's name, shares in other Dangote companies, or securities of other companies. This initiative is a separate program from the DPRP IPO and is voluntary, not offering investment advice. Students are encouraged to review all related documentation and make their own informed decisions.",
  "summary": "The Aliko Dangote Foundation (ADF) has launched a Student Share Grant Initiative aimed at promoting financial literacy, responsible investing and long-term asset ownership among young Nigerians. The initiative, according to",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}