Dangote Refinery IPO offers investment opportunity to Nigerians — FCMB

Nigerians can invest in Dangote Petroleum Refinery and Petrochemicals FZE with a minimum subscription of N5,250 under an initial public offering launched Monday. The company is offering 4.1 billion ordinary shares at N525 each.
FCMB Group Chief Executive, LadiBalogun, said the offer gives Nigerians access to a world-scale business while demonstrating the growing reach of the country’s capital market.
“It presents an opportunity for every Nigerian to experience the benefits of investing in world-class and world-scale businesses that would otherwise be inaccessible,” Balogun said at the opening gong ceremony and ‘Facts Behind the Offer’ presentation at the Nigerian Exchange in Lagos.
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