FULL LIST: Dangote Refinery approves 32 channels to buy shares
Dangote Refinery has released 32 institutions for it’s IPO Dangote Refinery and Petrochemicals FZE has approved 32 banks, fintech companies, mobile network operators and investment platforms through which investors can subscribe for its shares when its public offer opens.The company disclosed the approved channels on its official initial public offering (IPO) website, urging prospective investors to use only the listed platforms when subscribing for shares.According to the company, the approved subscription channels include 19 banks, 10 fintech firms, two mobile…
Dangote Refinery IPO: 10 steps to buy shares for N5,250
Dangote Refinery IPO represents an opportunity to partner with Africa’s richest man The proposed Dangote Refinery IPO will allow investors to acquire shares in one of Africa’s biggest industrial projects, with the offer price set at N525 per share and the minimum subscription at 10 shares, costing N5,250. The offer is expected to open on September 14, 2026, giving investors an opportunity to participate in the ownership of the 700,000-barrels-per-day refinery. Here are the 10 key steps prospective investors need…
Dangote Refinery IPO: 10 things Nigerian investors must know before buying
SEC’s approval clears the way for Dangote refinery IPO Issue The Securities and Exchange Commission, SEC’s approval clears the way for a potential ₦2.15 trillion Initial Public Offering, IPO, giving public investors an opportunity to own a stake in one of Africa’s largest industrial assets. The proposed IPO of Dangote Petroleum Refinery and Petrochemicals FZE is shaping up to be a landmark transaction for Nigeria’s capital market. The SEC approved the commencement of the offering, clearing the refinery’s draft offer…
Dangote refinery says the IPO to open within days
Dangote refinery IPO launches in days The initial public offering of Nigeria’s Dangote refinery, the largest on the continent, will open in the next 10 to 12 days, owner Aliko Dangote said on Thursday. “So our dream is that we want to make sure we double the capacity of the refinery … which will take us to 1.4 million barrels per day. The IPO will open in the next 10 to 12 days,” Dangote told investors and analysts in Botswana,…
Donald Trump announces fresh ‘economic warfare’ on Iran
US not done with economic warfare on Iran, yet Tehran is not conceding Donald Trump has said the US is mounting a fresh campaign of “economic warfare” against Iran, while warning that there would be “tremendous” consequences for any country that trades with the Islamic republic. “I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!” the US president said in a post on his Truth Social platform late on Wednesday. “This will be an ECONOMIC D-DAY,…
Human and AI Connection in Tech, a New Outlook in the making
The AI and WhatsApp Money Blueprint By Emmy White A Step-by-Step Guide to Making Money With AI and WhatsApp in Nigeria You see people online talking about making money with AI every day. Some are using ChatGPT. Some are selling digital products. Some are getting customers through WhatsApp. And deep down, you’re asking yourself: “How are these people actually doing it?” Maybe you’re tired of depending on one source of income. Maybe jobs are not paying enough. Maybe you want…
FG sets June 17 date for nationwide launch of Digital Switch Over
Digital Switch Over now ready The Minister of Information and National Orientation, Mohammed Idris, announced Wednesday, May 13 that Nigeria’s technology space shall be witnessing nationwide launch of Digital Switch Over. Idris said that the DSO platform is scheduled for official commissioning on June 17, 2026. He stressed that Nigeria is set to complete the transition from analogue to digital broadcasting. The Minister disclosed this during a tour of facilities at NIGCOMSAT located at the Obasanjo Space Centre, on Wednesday. He was…
What CBN’s new policy on diaspora remittances means for naira to dollar exchange — Gwadabe
ABDCON supports CBN’s naira to dollar exchange policy The president of the Association of Bureaux De Change Operators of Nigeria, Aminu Gwadabe, has thrown his weight behind the Central Bank of Nigeria’s new policy on diaspora remittances. CBN also directed IMTOs to access Bloomberg BMatch when pricing transactions to improve price recovery. Recall that the apex bank mandated International Money Transfer Operators to route transactions through designated Naira settlement accounts. Reacting in a statement to DAILY POST on Saturday, Gwadabe…