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Dangote Refinery IPO: ₦5,250 Minimum Investment and October 27 Deadline

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 The Dangote Refinery IPO offers eligible investors an opportunity to apply for shares at ₦525 each, with a minimum subscription of ₦5,250. The application deadline has been extended to October 27, 2026. Here's what prospective investors should know before applying. The initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE has attracted attention from Nigerians interested in the country's stock market. The offer opened on September 14, 2026, with 4.1 billion ordinary shares being offered at ₦525 per share. The refinery subsequently announced an extension of the application period from October 13 to October 27, 2026, following approval from the Securities and Exchange Commission (SEC). Although the minimum subscription is relatively affordable compared with many investment opportunities, prospective investors should understand the application process, eligibility requirements, risks, and official timetable before committing money. What Is...