The subscription window is OPEN. You have until October 13, 2026 to subscribe at ₦525 per share. Minimum 10 shares (₦5,250). Here is everything you need to participate confidently.
There are 100+ brokers in Nigeria. Only 4 are officially appointed to this IPO. Do you know which ones?
Without these two things your application will be rejected. Most people find out too late.
This IPO offers USD dividends — but only to specific investors. Do you qualify?
Hold or sell? Most first-time investors get this wrong and lose money in the first 48 hours.
Yes — any Nigerian with a BVN anywhere in the world can participate. But the process is different.
IPO applications get rejected for specific reasons. Knowing them in advance is the difference between allotment and nothing.
Femi Otedola sold his entire Geregu Power stake just to invest. NNPC tried to buy more shares — Dangote said no. He's saving what's left for investors like you.
"I had no idea how big a deal the Dangote Refinery IPO really was. I didn't know Nigeria is the primary listing and that it will simultaneously list across 6 exchanges in over 15 African countries. This guide opened my eyes completely."
"I live in the UK and genuinely thought this IPO wasn't for me. I didn't know Nigerians abroad with a BVN could participate. The diaspora chapter alone was worth the price — I've already opened my brokerage account."
"I had no idea what CHN and CSCS meant. I didn't know there were only 4 officially appointed brokers. After reading this Playbook I feel like I actually know what I'm doing for the first time."
The history, the NNPC scandal, the $20 billion build, and why this refinery changed Nigeria forever.
Plain English. The zobo analogy. The MTN Nigeria example. Everything a beginner needs.
$40–50B valuation. $5B raise. 700,000 bpd. Dollar dividends. All explained clearly.
NGX, JSE, NSE, GSE, ESX, and BRVM — with investment platforms for 9 countries.
SEC Nigeria, Stanbic IBTC, Vetiva, FirstCap, Zedcrest — who they are and what they do.
Step by step. Everything you need. Done on your phone in 30 minutes.
From the subscription window to allotment — exactly what to do when the time comes.
8 real risks. Explained honestly. No sugarcoating.
Everything you need to have done before September 14, 2026. Tick every box.
Plain English definitions for every term in this guide. Your investing reference for life.
This is not just a Nigerian story. This is a pan-African moment. Here are the 6 exchanges — and the countries they serve:
Primary Listing
Secondary Listing
Secondary Listing
Secondary Listing
Secondary Listing
Senegal · Côte d'Ivoire · Burkina Faso · Mali · Niger · Togo · Benin · Guinea-Bissau
Any Nigerian with a valid BVN — anywhere in the world — can invest.
Any Nigerian with a BVN in the UK can participate. Full process in the Playbook.
Nigerian-Americans across Houston, Atlanta, Maryland and beyond can invest.
Nigerians across Toronto, Calgary, and Vancouver — your BVN is your ticket in.
Everything you need to participate in Africa's biggest IPO — in one complete guide.
Community Price — No coupon needed
The investors who prepare today are the ones who benefit most. Don't be the person who finds out about this after the window closes.
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