A big chance is coming in Nigeria's capital market as Dangote Petroleum Refinery & Petrochemicals FZE is set to launch its Initial Public Offering (IPO) on 14 September 2026. FirstBank will serve as the Receiving Bank for this offer, giving customers and investors easy and safe ways to subscribe to this important listing.
Making Investment Accessible to Nigerians
FirstBank wants to connect customers with chances that help build wealth and secure financial futures. The Dangote Refinery IPO allows both retail and institutional investors to join in the growth of one of Africa’s major industrial assets.
The offer includes 4.1 billion ordinary shares priced at ₦525 each. This gives investors the chance to own part of a company that is key to Nigeria’s energy and industrial sectors.
Important Details of the Offer
• Offer Price: ₦525 per share
• Minimum Subscription: 10 shares (₦5,250), and in multiples of 10 after that
• Opening Date: 14 September 2026
• Closing Date: 13 October 2026
• Payment: Full payment upon application
• Retail Investor Incentive: Eligible retail investors may get bonus shares, according to the Prospectus
• Intended Use of Proceeds: To expand refinery operations
• Listing Venue: Main Board, Nigerian Exchange Limited
Easy Subscription with FirstBank
To make it easy for investors, they can apply and pay through various FirstBank channels, including:
• FirstMobile
• FirstOnline
• LIT App
• PayByLink
• FirstDirect (for corporate customers)
• FirstMonie Agents
• Any FirstBank branch across the country
Detailed subscription instructions and application links will be available when the offer starts.
A Unique Chance, Supported by FirstBank
The Dangote Refinery is seen as a major project for Nigeria’s energy scene. It can boost local refining ability, support industrial growth, and help the economy. Through this IPO, investors can take part in the future success of a business that is changing Africa’s refining industry.
FirstBank continues to use its wide network and digital tools to give customers easy access to investment opportunities that promote financial inclusion and wealth building.
FirstBank is only acting as the Receiving Bank for this offer. Investors should read the Prospectus carefully and get independent advice before making any investment decisions.
Join In
This offer lasts for 30 days. So when it opens on Monday, 14 September 2026, you can apply to buy shares through FirstBank’s digital platforms, at any FirstBank branch, or at the nearest FirstMonieAgent outlet.





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