Dangote Refinery IPO closes tomorrow, Tuesday 13 October 2026
The Dangote Petroleum Refinery IPO is now open to eligible investors. The offer comprises 4.1 billion ordinary shares at ₦525 per share, with a minimum subscription of 10 shares. The offer opened on 14 September 2026 and is scheduled to close on 13 October 2026. Investors can subscribe through DSU Brokerage Services Limited.
Understand the business before you invest.
Dangote Petroleum Refinery is an integrated refining and petrochemicals facility located in the Lekki Free Zone, Lagos. Investors should review the approved Prospectus, including the company's financial information, business model, and investment risks, before making an investment decision.
Strategic Asset
A major Nigerian refining facility developed to supply refined petroleum products to the domestic market.
Export Potential
The refinery serves both local and international markets, providing exposure to domestic demand and export opportunities.
Integrated Operations
Refining, supporting infrastructure, and petrochemical operations are located within the Lekki complex.
Descriptions to be verified against the published prospectus before this page goes live.
The Dangote Refinery IPO at a glance.
Until the prospectus is approved and published, the terms below are expectations, not commitments. We will replace each line with the confirmed figure on publication day.
Subscribe through DSU in four steps.
No CSCS account? We create one for you during the process. It is where your shares are held, in your own name.
Get started
Visit portal.dsbs.com.ng and begin your Dangote Refinery IPO application.
Verify Your Details
Provide the required investor information and account details. Existing CSCS accounts can be linked during the process.
Choose Your Shares
Enter the number of shares you want to apply for. The minimum subscription is 10 shares at ₦525 per share.
Submit and Pay
Complete your application and make payment through the approved process. Your subscription will then proceed to the allotment process in accordance with the terms of the offer.
Eligible retail, corporate and institutional investors can participate subject to the terms of the approved Prospectus.
The minimum application is 10 shares at ₦525 each, equivalent to ₦5,250. Additional shares are subscribed for in multiples of 10.
Yes. DSU can guide you through the CSCS account setup and verification process.
Allotment takes place after the offer closes in accordance with the approved offer process.
Payments should only be made through the approved subscription process. Do not transfer funds to individuals or share your PIN, password or OTP.
No. Submitting an application does not guarantee that all shares requested will be allotted.
Start your application with DSU.
Apply for the Dangote Petroleum Refinery IPO through DSU Brokerage Services Limited.