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Offer overview · approved by the SEC
Dangote Petroleum Refinery shares are on offer at ₦525 each from 14 September 2026 to 27 October 2026, after an SEC-approved extension. Buy them like any other share on Shares Saver, through Crown Capital Limited, a licensed NGX broker. For Nigerian nationals with a BVN, a Nigerian bank account, proof of address, and a passport or NIN.
The company announced the two-week extension on 12 October 2026 to widen access across African markets and give investors more time for account opening, identity verification and other regulatory requirements. The price and minimum are unchanged. Brokers and receiving agents may stop taking applications a few days before the official close.
This page is the overview of the offer. For every date from the close to listing, see the Dangote Refinery IPO dates and timetable; for each step of an application, see how to buy Dangote Refinery shares in the IPO.
Source: company announcement of 12 October 2026, approved by the SEC; revised timetable as reported. Dates after the close are expected dates and can change.
Prospectus on the official offer websiteKey dates
The application list closes on 27 October 2026. The milestones after the close are expected dates from the revised timetable.
Source: company announcement of 12 October 2026, approved by the SEC; revised timetable as reported. Dates after the close are expected dates and can change.
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Pick your shares and answer three questions. If you can apply, you go straight to buying. If not, you see what is missing.
The company announced the SEC-approved extension on 12 October 2026. Applications remain open until 27 October 2026; brokers and receiving agents may stop taking applications a few days before the close. See the revised timetable
₦525 a share. Minimum 10, then multiples of 10.
100 shares at ₦525. If fewer shares are allotted, the difference is refunded.
You need a BVN and a Nigerian bank account in your name. Check in three questions
Answered on this page only. Nothing is sent or stored.
Valid or expired.
Your Bank Verification Number, from any Nigerian bank.
In your own name. You pay from it, and any refund goes back to it.
How it works
Nigerian national, BVN, Nigerian bank account, proof of address, and a passport or NIN.
Sign in, choose the Dangote Refinery IPO application and pay. It costs ₦525 a share.
Once your identity checks are complete, we open your CSCS account with Crown Capital Limited, a regulated stockbroker. No shares are subscribed for before that.
The IPO is then subscribed for and your order shows as pending. Allotted shares go to your CSCS account in your name; anything not allotted is refunded.
For Nigerian nationals with a BVN and a Nigerian bank account. Sign in or create a free account first.
The company
The Dangote Petroleum Refinery, in the Lekki Free Trade Zone in Lagos, is the world’s largest single-train refinery, with a nameplate capacity of 650,000 barrels a day. It supplies petrol and diesel to the Nigerian market and exports refined products.
The IPO offers 4.1 billion ordinary shares at ₦525 each, about ₦2.15 trillion in total, and the shares will list on the Main Board of the Nigerian Exchange (NGX). The proceeds are earmarked for expanding the refinery’s capacity.
Refinery earnings depend on crude oil costs, fuel prices, exchange rates and how reliably the plant runs. The prospectus sets out these risks in full.
Questions
Keep reading
What you need, how many shares you can apply for, and how to avoid scams.
ReadOpening and closing dates, why brokers close earlier, and the steps from allotment and refunds to listing.
ReadWho can apply from abroad, why a full BVN is needed, and the options for foreign nationals.
ReadOffer details are taken from the SEC-approved offer as published in September 2026, with the extension announced by the company on 12 October 2026 with SEC approval. The official offer website had not shown the new close date when checked. The prospectus on the official offer website is the authority: check it before you invest.