Zenith Bank opens subscription for Dangote Refinery's ₦2.15T IPO starting Sept 14
Zenith Bank is facilitating subscriptions to the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering opening Monday, September 14, 2026. As a designated receiving bank and electronic application channel, Zenith provides access through its 456 branches, 84 cash centres, website, mobile app, internet banking, USSD and corporate banking channels nationwide.
Shares are priced at ₦525 each with a minimum subscription of 10 shares (₦5,250). The offer aims to raise ₦2.15 trillion—the largest equity offering ever on the African continent. Retail investors who hold their shares may qualify for bonus shares under the Retail Investor Incentive Programme, subject to regulatory approvals. All applications are linked to the applicant's Bank Verification Number for security.
Subscription runs for 30 days, closing Tuesday, October 13, 2026. Interested investors can apply via Zenith Bank's digital platforms or any branch, with payment required before closing. Will you seize this opportunity to invest in Nigeria's historic refinery project through Zenith Bank's secure channels, considering the minimum ₦5,250 investment and potential bonus shares?