FirstBank enables Nigerians to subscribe to Dangote Refinery IPO at ₦525/share
Sponsored content: FirstBank is serving as a receiving bank for the Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) Initial Public Offering, which opened on 14 September 2026 and closes on 13 October 2026. The offer comprises 4.1 billion ordinary shares priced at ₦525 each, with a minimum subscription of 10 shares (₦5,250). Qualifying retail investors may receive bonus shares according to the approved Prospectus terms. FirstBank customers can subscribe digitally via FirstMobile, FirstOnline, the LIT App, or PayByLink; corporate clients use FirstDirect; physical access is available at FirstBank branches and FirstMonie Agents. The IPO provides an opportunity to invest in one of Africa's largest refineries, supporting portfolio diversification and long-term growth. The IPO is expected to raise substantial capital for the refinery’s expansion and petrochemical projects. Prospective investors are advised to read the approved Prospectus, understand the associated risks, and seek independent professional advice before deciding. Subscription must be completed by the 13 October deadline to participate.