Dangote Petroleum Refinery and Petrochemicals FZE has licensed 32 banks, fintechs, mobile operators, and other platforms to let investors subscribe for its shares when the public offering begins.
The list was released on the company’s official IPO website, with a warning to investors to only subscribe through the platform’s listed channels.
The permitted channels include 19 banks, 10 fintech companies, two mobile providers, and NGX Invest.
The firm stated, “Only subscribe through the channels listed on this page.” Do not subscribe to any channels that have not been confirmed here.
Learn how to buy Dangote refinery shares here.
Banks
- Access Bank
- Ecobank
- FCMB
- Fidelity Bank
- FirstBank
- Globus Bank
- GTCO
- Jaiz Bank
- Keystone Bank
- Lotus Bank
- PremiumTrust Bank
- Providus Bank
- Stanbic IBTC
- Sterling Bank
- TAJ Bank
- UBA
- Union Bank
- Wema Bank
- Zenith Bank
Fintech Platforms
- Bamboo
- Flutterwave
- InvestNaija
- Ladder
- Moniepoint
- Paga
- Payaza
- PiggyVest
- Vetiva Invest
- yan
Mobile operators
- Airtel SmartCash
- MTN MoMo
- NGX
- NGX Invest
Conclusion
The refinery’s website now shows the offer price as ₦525 per share, with a minimum subscription of 10 shares worth ₦5,250.
The public offering is part of Dangote Refinery’s intention to attract funds from Nigerian investors via the sale of ordinary shares.