The Dangote Refinery IPO has gotten off to a strong start as trillions of naira has been poured into the offer in the first day.
This is according to Aigboje Aig-Imoukhuede, the Chairman of Access Holdings. Aig-Imoukhuede was speaking at the Dangote Refinery IPO, Facts behind the Offer presentation at the NGX.
Data from the NGX shows that N1.47 trillion in total transactions have already been subscribed by investors.
The ₦2.15 trillion ($1.5 billion) Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE officially opened for public subscription today, September 14, 2026, across 32 SEC-approved receiving institutions, bank apps, and digital investment portals.
The offer will remain open for four weeks, closing on October 13, 2026.
Priced at ₦525.00 per ordinary share, the offering represents a primary float of 4.1 billion shares (3.41% public equity stake before green shoe options).
Follow the MoneyCentral Nigeria channel on WhatsApp: Click here!
