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FGN savings bond allotments rise N11bn to N47.25bn

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Absa becomes first African bank to launch crypto custody

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Pension assets rise N3.8tn to record N31.8tn in eight

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Pension assets rise N3.8tn to record N31.8tn in eight

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Tag: IPO

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 […]

Business

IPO is for the poor, not for raising money — Dangote

A video currently circulating online has captured the moment Africa’s richest man, Aliko Dangote, responded to a journalist who questioned his decision to offer shares in his refinery to the public through an Initial Public Offering. Dangote Petroleum Refinery and Petrochemicals FZE commenced its public offer on September 14, 2026, with the company offering 4.1 […]

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 […]

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 […]

Business featured

Full list of channels to buy Dangote Refinery IPO

Nigerians looking to own a slice of Africa’s biggest refinery will from next week be able to subscribe through more than 50 officially approved channels spanning commercial banks, stockbroking firms and fintech platforms, as the much-anticipated public offer of Dangote Petroleum Refinery & Petrochemicals finally opens to retail and institutional investors. The offer, priced at […]

Business

Dangote Refinery IPO to open within 12 days

Dangote Industries Limited President Aliko Dangote has announced that the initial public offering of the Dangote refinery will begin within the next 10 to 12 days. Dangote made the disclosure on Thursday while addressing investors and analysts in Botswana, Reuters reported. The $20bn facility, which is Africa’s largest refinery, is projected to raise approximately $5bn […]

Global IPO rates, investments declined in H1 - Exchanges Federation
featured

Global IPO rates, investments declined in H1 – Exchanges Federation

Data from the World Federation of Exchanges has revealed that less cash equity was traded globally and there were fewer initial public offerings globally in the first half of 2023 compared to the same period last year. The Punch reported that the reduction was attributed to a number of geopolitical and economic concerns that the markets encountered […]

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