Investors seeking to buy shares in the Dangote Petroleum Refinery and Petrochemicals FZE public offer can subscribe through 32 approved banks, fintechs, mobile operators and investment platforms, according to the refinery.
The approved channels were published on the refinery’s official IPO website, with investors warned against using unauthorised platforms.
The list comprises 19 banks, 10 fintech companies, two mobile operators and NGX Invest.
The approved banks are Access Bank, Ecobank, FCMB, Fidelity Bank, FirstBank, Globus Bank, GTCO, Jaiz Bank, Keystone Bank, Lotus Bank, PremiumTrust Bank, Providus Bank, Stanbic IBTC, Sterling Bank, TAJ Bank, UBA, Union Bank, Wema Bank and Zenith Bank.
The approved fintech platforms are Bamboo, Flutterwave, InvestNaija, Ladder, Moniepoint, Paga, Payaza, PiggyVest, Vetiva Invest and we.yan.
Investors can also subscribe through Airtel SmartCash and MTN MoMo, while NGX Invest is the approved NGX platform.
The refinery cautioned investors to use only the listed channels.
“Only subscribe through the channels listed on this page. Do not subscribe through any channel not confirmed here,” the company stated.
The Dangote Refinery website currently lists the offer price at ₦525 per share, with a minimum subscription of 10 shares, costing ₦5,250.
The public offer is part of the refinery’s plan to raise capital from Nigerian investors through the sale of ordinary shares.