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Investment

NCA chairman urges Christians to invest in Dangote Refinery IPO

The Chairman of the Northern Christian Association, Rev. Joseph John Hayab, has called on Christians to take part in the ongoing Dangote Petroleum Refinery Initial Public Offering, insisting that religious sentiment should not stand in the way of sound investment decisions. Speaking at a media parley in Kaduna, Hayab said Christians ought to approach the […]

featured Investment

Dangote Refinery IPO gives Nigerians access to world-class business — FCMB boss

Nigerians can invest in Dangote Petroleum Refinery and Petrochemicals FZE with a minimum subscription of N5,250 under an initial public offering launched Monday. The company is offering 4.1 billion ordinary shares at N525 each. FCMB Group Chief Executive, Ladi Balogun, said the offer gives Nigerians access to a world-scale business while demonstrating the growing reach […]

Business

Dangote targets 10 million shareholders in refinery’s IPO

Africa’s richest man, Aliko Dangote, says his company is targeting as many as 10 million shareholders through the ongoing Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals. Dangote disclosed this in a video interview shared on Monday by CNN International correspondent Larry Madowo on X. Madowo told the billionaire that Nigerians on social media […]

Investment

Don’t buy Dangote shares with your children’s school fees — Emir Sanusi II

The Emir of Kano, Muhammadu Sanusi II, has advised Nigerians interested in the Dangote Petroleum Refinery’s initial public offering to invest only funds they can comfortably set aside, cautioning against using essential household resources or selling homes to purchase shares. Sanusi offered the advice in Kano State while speaking at the Dangote Petroleum Refinery and […]

featured Investment

Moniepoint gets access for Nigerians to buy Dangote Refinery shares via PoS

Moniepoint and TeamApt have partnered to open up retail participation in the Initial Public Offering of Dangote Petroleum Refinery, bringing Nigeria’s largest-ever public offering within reach of everyday Nigerians through digital banking channels and point-of-sale terminals nationwide. The collaboration allows Nigerians to buy into Africa’s largest petroleum refinery, a 650,000-barrel-per-day facility considered central to the […]

featured Investment

Refinery investors could become millionaires in two years — Dangote

President of Dangote Industries Limited, Aliko Dangote, has said investors who buy and hold shares in Dangote Petroleum Refinery and Petrochemicals could potentially become millionaires within one or two years if the company’s share price rises significantly. Dangote made this statement in an interview with Arise TV aired on Tuesday while discussing the refinery’s initial […]

featured Life Style

Dangote’s net worth jumps $19.9bn as refinery IPO opens

Africa’s richest man and President of Dangote Industries Limited, Aliko Dangote, has seen his net worth surge by $19.9 billion to $51.3 billion following the commencement of the initial public offering of Dangote Refinery. According to Forbes’ Real-Time Billionaires List, Dangote’s fortune rose 63.37 per cent from $31.4 billion on Sunday to $51.3 billion on […]

Business

UBA named approved channel for Dangote Refinery IPO

United Bank for Africa Plc has emerged as one of the authorised financial institutions through which investors can subscribe to the Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering. In a statement, the bank said it can provide investors with access to the public offer, which presents Nigerians and eligible international investors with an […]

Business featured

VeryDarkMan threatens to sue MTN over unsolicited Dangote IPO message

Social media personality Martins Vincent Otse, popularly known as VeryDarkMan, has threatened to take telecoms giant MTN Nigeria to court over the alleged unauthorised use of his private telephone number for promotional messages about the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering. In a video circulating widely on social media platforms on Monday and […]

featured Policy and Regulations

SEC warns investors against fraud as Dangote Refinery IPO opens

The Securities and Exchange Commission has cautioned prospective investors against falling victim to fraudulent platforms and unauthorised individuals as the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals FZE opens to the public on Monday, September 14, 2026. The Commission, in a public notice signed by its management on September 14, urged investors to […]

featured Oil and Gas

Petrol price hits ₦1,395/litre as Dangote raises gantry rate

Petrol pump prices rose to N1,395 per litre on Saturday as filling stations across Lagos and Ogun States adjusted their rates in response to the Dangote Petroleum Refinery’s latest pricing review. The refinery had raised its gantry price for petrol to N1,350 per litre, prompting marketers to review their pump prices accordingly. Findings by The […]

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