Planning To Buy Dangote Refinery Shares?

Planning To Buy Dangote Refinery Shares? Here Is Everything You Need To Know Before You Apply. DANGOTE PETROLEUM REFINERY DANGOTE PETROLEUM REFINERY WHERE IDEAS TAKE SHAPE This is not hype. The Dangote Petroleum Refinery IPO is officially the largest share sale in Nigerian and African history. When the shares eventually list on the NGX, the exchange's total market capitalisation will increase by over 30%. This is a once in a generation event and it opens tomorrow. • Share price: N525 per share • Minimum investment: 10 shares = N5,250 • Total shares offered: 4.1 billion shares • Total raise target: N2.15 trillion • Subscription opens: September 14, 2026 • Subscription closes: October 13, 2026 • Refinery valuation: approximately $40 billion This is the most important thing to understand. September 14th is the day the subscription window opens, meaning the day you can apply for shares. It is not the day the shares list on the NGX. After the offer and then closes on October 13, shares will be allotted and then listed on the exchange. That is when you will be able to see and trade your position. The Dangote Refinery is the largest single train petroleum refinery in the world with a current capacity of 700,000 barrels per day. The proceeds from this IPO will be used to expand that capacity to 1.4 million barrels per day. You are buying into an existing operational business that turned a $476 million loss in 2025 into a $1.82 billion profit. That turnaround is significant. Three things must be in place before you can apply: 1. A funded account on Bamboo, Cowrywise, Atrinvest 2.0, PiggyVest, or any SEC approved stockbroker. 2. A CHN and CSCS number linked to your account. Bamboo and most platforms will help you set this up. 3. The exact naira amount you want to invest ready in your account before you apply. Payment is due in full at the point of application. You cannot reserve shares without paying. • Minimum: 10 shares at N5,250 After the minimum, applications go in multiples of 50 shares. So your options will look like this: • 10 shares - N5,250 • 60 shares - N31,500 • 110 shares - N57,750 • 210 shares - N110,250 You do not need millions to participate. N5,250 gets you in. THE RISKS YOU MUST KNOW ! The refinery is still scaling up. Full capacity has not been reached. ! The stock could experience a "down first then up" dynamic as investors sell existing NGX holdings to fund subscriptions. ! Crude oil price volatility affects refinery margins directly. ! Government fuel pricing policy remains a risk factor. ! If the offer is oversubscribed you may not receive the full amount of shares you applied for. ! Fraud warning. The SEC has officially warned against unauthorised operators soliciting money for Dangote shares. Only apply through approved platforms. OVERSUBSCRIPTION: WHAT IT MEANS FOR YOU This offer is expected to be massively oversubscribed. The private placement in July 2026 was already oversubscribed 3.7 times. If public demand also exceeds supply, Dangote Refinery can issue up to 15% more shares than originally planned subject to SEC approval. But if demand still exceeds that, your allocation will be scaled down. Apply for more than you want to account for this. The window opens tomorrow. The prospectus is available. The price is fixed. Everything you need to make a decision is now in front of you. Read the prospectus, fund your account, and apply only through approved platforms.