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Own A Piece Of The Giant: How To Grab Dangote Refinery Shares Starting September 14.
Nigerians looking to acquire a stake in the Dangote Petroleum Refinery and Petrochemicals FZE can begin applying for its historic Initial Public Offering starting Monday, September 14, 2026. Touted as Africa’s largest IPO, the offering consists of 4.1 billion ordinary shares priced at ₦525 each, with a target of raising approximately ₦2.15 trillion. To make the opportunity widely accessible, the minimum subscription is set at just 10 shares, amounting to ₦5,250.....KINDLY READ THE FULL STORY HERE▶
The offer was officially signed on Monday, September 7, at Eko Hotels and Suites in Lagos by Dangote Group President Aliko Dangote alongside advisers and issuing houses, under the coordination of Vetiva Advisory Services Limited and with Securities and Exchange Commission approval. The funds raised will partially finance the refinery’s expansion to boost processing capacity to about 1.4 million barrels per day.
For those looking to participate, here is how to navigate the process:
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Account Setup and Verification: Investors must first register with an SEC- and NGX-licensed stockbroker and set up a Central Securities Clearing System (CSCS) account to hold their shares electronically. Standard Know-Your-Customer requirements, such as a Bank Verification Number, valid ID, and a passport photograph, are mandatory, and applicants should ensure their chosen broker is fully licensed and verified before funding.
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Funding and Subscriptions: Once compliance checks are cleared, investors can fund their accounts ahead of the September 14 launch date. The public offer runs until October 13, 2026, and applications must be submitted strictly through approved channels and official prospectuses to avoid social media scams.
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Allotment and Post-Listing: Because high demand is anticipated—following a private placement in July that was oversubscribed by 270 percent—applications may be scaled down during allotment if demand exceeds supply. Once listed on the Nigerian Exchange, investors can track their shares, which will fluctuate based on market performance, and choose whether to hold long-term or trade through their brokers.
Rabiu Musa Kwankwaso, the former Governor of Kano State, has strongly denounced the violent ambush targeting the convoy of Nigeria Democratic Congress (NDC) presidential standard-bearer Peter Obi in Benue State.....KINDLY READ THE FULL STORY HERE▶
In a released statement, Kwankwaso asserted that the perpetrators were intentionally deployed to obstruct Obi from entering Makurdi. Characterizing the assault as a bleak moment for the nation’s democratic framework, he called upon the Benue State Government to promptly track down and prosecute the culprits.
Kwankwaso emphasized that constitutional guarantees of free movement extend universally, particularly to prominent opposition figures like Obi. He demanded that state authorities take immediate measures to secure the safety and unhindered movement of the candidate and his delegation. Furthermore, the NDC vice-presidential candidate appealed to President Bola Tinubu to restrain state governors—specifically those affiliated with the ruling party—from actions that compromise democratic integrity, while also urging international diplomatic missions and observation groups to monitor the situation and hold Nigerian authorities accountable for protecting political freedoms and the rule of law.
The Nigeria Football Federation (NFF) has officially announced that the Super Eagles are scheduled to play an international friendly against Russia at the Nizhny Novgorod Stadium on Tuesday, October 6, 2026. This matchup follows closely on the heels of the team’s Group C encounters in the 2027 Africa Cup of Nations (AFCON) qualifiers, which begin with a home match against Madagascar on September 25, followed by an away fixture against Guinea-Bissau in Bissau on September 29. Confirmed via the NFF’s official account and arranged through Nigeria’s FIFA Match Agent, Jairo Pachon of Eurodatasports, the upcoming fixture marks the second meeting between the two nations in a span of 16 months.....KINDLY READ THE FULL STORY HERE▶
Head coach Eric Chelle will use the friendly to evaluate his squad, which currently holds the 26th position in the FIFA world rankings. Their previous encounter took place on June 6, 2025, at the Luzhniki Stadium in Moscow and ended in a 1-1 draw. During that match, Russia—who have been restricted to friendly fixtures to maintain competitiveness since being barred from official FIFA and UEFA competitions in 2022—claimed the lead following an own goal by Super Eagles defender Semi Ajayi. Nigeria later leveled the score in the 71st minute courtesy of Tolu Arokodare, despite Russia controlling 58 percent of the possession and recording 10 shots to Nigeria’s six. Russia currently occupies the 35th spot in the global rankings.
The Benue State Government has stated that it received no prior notification regarding Tuesday’s visit by Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC). Obi’s convoy faced obstruction by youths at Gyado Villa along Gboko Road while en route to Yelewata, where he intended to visit and assess families impacted by the fatal June 2025 attack.....KINDLY READ THE FULL STORY HERE▶
Responding to the incident through Kula Tersoo, the Chief Press Secretary to Governor Hyacinth Alia, the state administration maintained it was completely unaware of the trip, noting that advanced notice would have enabled a swifter official response. Tersoo also raised concerns regarding Obi’s security detail, emphasizing that as a former governor and national presidential candidate, his movements should involve coordination between federal security agencies and host-state authorities.
Furthermore, the governor’s aide firmly dismissed allegations linking the state government to the youths who blocked the convoy, asserting that the administration does not employ thugs and views Obi as no political threat to Governor Alia. Tersoo concluded by reiterating the administration’s absolute lack of prior knowledge regarding the visit, stating that they only became aware of the situation through media inquiries.
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