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IPO Open

Dangote Refinery share price today

The Dangote Refinery IPO is open. Shares are on offer at a fixed ₦525 each, with a minimum of 10 shares (₦5,250.00). Subscription closes on 13 October 2026. The refinery is not trading on the NGX yet, so there is no market share price until it lists.

IPO Price
₦525.00
Fixed offer price per share
Offer Status
Open
Closes 13 October 2026 · 9 days left
Shares on Offer
4.1B
Raising about ₦2.15T
Minimum Investment
₦5,250.00
10 shares at ₦525

Dangote Refinery IPO timeline

Prospectus released
7 September 2026
Subscription opens
14 September 2026
Subscription closes
13 October 2026
Allotment and SEC clearance
After close
Listing on the NGX
Date to be confirmed

Dangote shares on the NGX

CompanyPriceChangeMarket Cap / Raise
DANGCEM
Dangote Cement
₦1,066.70+0.00%₦18.00T
DANGSUGAR
Dangote Sugar Refinery
₦70.00+2.94%₦850.28B
NASCON
NASCON Allied Industries (Dangote group)
₦188.90+0.00%₦510.49B
Dangote Refinery
IPO open until 13 October 2026
₦525.00IPO price₦2.15T

How to buy Dangote Refinery shares

  1. Make sure you have an active CSCS account linked to a current bank account. Your stockbroker can confirm your CSCS number and CHN.
  2. Apply on NGX Invest (invest.ngxgroup.com) with your BVN and NIN, or ask a licensed stockbroker to subscribe for you.
  3. Choose how many shares to buy. The minimum is 10 shares (₦5,250.00).
  4. Pay before 13 October 2026. Allotted shares are credited to your CSCS account after the offer is cleared.

For the full preparation list, read our Dangote Refinery IPO checklist. New to public offers? See how to buy public offers and IPOs in Nigeria.

Official offer documents

Prospectus (PDF)Pricing supplement (PDF)Term sheet (PDF)

Dangote Refinery, Dangote Cement and Dangote Sugar: which is which?

Three Dangote group companies already trade on the Nigerian Exchange: Dangote Cement (DANGCEM), Dangote Sugar Refinery (DANGSUGAR) and NASCON Allied Industries (NASCON). Dangote Sugar Refinery refines sugar and is not the petroleum refinery.

Dangote Petroleum Refinery & Petrochemicals FZE, the Lekki oil refinery, is a separate company. It is coming to the stock market for the first time through this 4.1 billion share IPO.

Frequently asked questions

Is Dangote Refinery listed on the Nigerian Exchange?
Not yet. Dangote Petroleum Refinery is selling shares through an initial public offering (IPO) at ₦525 per share. It will start trading on the NGX after the offer closes, shares are allotted and the listing is approved.
What is the Dangote Refinery share price?
The IPO price is ₦525 per share. There is no market price yet because the shares are not trading. Once listed, the price will be set by buyers and sellers on the NGX and can move above or below ₦525.
How do I buy Dangote Refinery shares?
Subscribe before 13 October 2026 through NGX Invest (invest.ngxgroup.com) or through a licensed stockbroker. You need a CSCS account linked to your bank account, your BVN and your NIN. The minimum is 10 shares (₦5,250.00).
What is the minimum investment in the Dangote Refinery IPO?
10 shares at ₦525 each, which is ₦5,250.00, plus any charges from your broker or platform.
When does the Dangote Refinery IPO close?
Subscription opened on 14 September 2026 and closes on 13 October 2026.
Are Dangote Cement and Dangote Sugar the same as Dangote Refinery?
No. Dangote Cement (DANGCEM), Dangote Sugar Refinery (DANGSUGAR) and NASCON are separate companies already listed on the NGX. Dangote Sugar Refinery refines sugar, not petroleum. Dangote Petroleum Refinery is a different company and is new to the stock market through this IPO.

Listed prices are 30-minute delayed. Offer details are taken from the official prospectus. This page is for information only and is not investment advice. Read the prospectus before you invest.