UA.NEWS·1 min read

Dangote Refinery IPO opens to Nigeria’s diaspora

L
Lev Shevtsov
Dangote Refinery IPO opens to Nigeria’s diaspora
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--> In Nigeria, investors living abroad can apply online to participate in the IPO of Dangote Petroleum Refinery and Petrochemicals FZE. The public offering began on September 14 and will run until October 13, 2026, according to a Premium Times Nigeria report published as a press release.

A total of 4.1 billion ordinary shares are being offered at a price of 525 Nigerian naira per share. The minimum application is 10 shares, or 5,250 naira. The offering is available to non-residents and investors from the Nigerian diaspora who meet the established requirements.

FSDH Capital is one of the joint issuing houses. According to the publication, applications from non-residents and diaspora investors may be processed through the FSDH Nominees Custody Platform.

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