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Educational Disclaimer: This site is for education only. We do not give investment advice. Shares are volatile — prices go up and down and you may lose money. Always do your own research and speak to a professional adviser.

Public Educational Guide • Zero Login Required

Learn the Dangote IPO in Plain Language.

See what the offer is, what one share costs, verify Shariah screening, practice with interactive money simulators, and find all 55 approved application channels.

No login or signup required Purely educational, no advice 55 Verified channels
Offer Snapshot
Fixed Price IPO
Issuer: Dangote Petroleum Refinery & Petrochemicals FZE
Offer Price:
₦525.00 per ordinary share
Minimum Order: 10 Shares (₦5,250.00)
Offer Window: 14 Sept 2026 – 13 Oct 2026
Shares on Offer: 4,100,000,000
Payment Term: Payable in full on application
Listing Exchange: NGX (Main Board)
Read Official Prospectus 194 Pages • Verified

What is an IPO? In 3 Plain Cards

Before you spend a kobo, understand the core mechanics of stock ownership.

1

You Become a Part-Owner

Buying shares in this IPO means you own a tiny slice of the 650,000 bpd refinery. You are not lending money; you are buying equity.

2

Money Goes to Growth

All ₦2.11 Trillion net proceeds will fund the expansion of refining capacity and offsite infrastructure to meet African fuel demand.

3

Traded Digitally on NGX

Once the IPO concludes, the shares will list on the Nigerian Exchange (NGX) where you can buy or sell anytime via licensed brokers.

Audited H1 2026 Financial Highlights

From Construction to ₦19.1 Trillion Revenue in H1 2026

Curious how the refinery turned the corner from startup currency losses into ₦2.5 Trillion net profit in the first 6 months of 2026? Explore our animated financial walkthrough with currency toggles (₦ and $).

H1 2026 Revenue ₦19.13T ($13.91 Billion)
H1 2026 Net Profit +₦2.50T ($1.82 Billion)
Total Assets ₦29.08T ($21.06 Billion)
Total Equity ₦14.68T ($10.63 Billion)
Prospectus Page 187

Where to Apply: 55 Official Portals

Retail investors must apply exclusively through official channels.

View All 55 Verified Channels →
Channel #1 Exchange Portal

NGX Invest Portal

Official Nigerian Exchange Group electronic public offering portal. Recommended for all retail investors.

Channel #2 Commercial Bank

Access Bank Plc Portal

Apply directly via your bank portal, mobile banking app, or dedicated IPO landing page.

Channel #3 Commercial Bank

Ecobank Nigeria Limited Portal

Apply directly via your bank portal, mobile banking app, or dedicated IPO landing page.

Channel #4 Commercial Bank

Fidelity Bank Plc Portal

Apply directly via your bank portal, mobile banking app, or dedicated IPO landing page.

Channel #5 Commercial Bank

First Bank of Nigeria Limited Portal

Apply directly via your bank portal, mobile banking app, or dedicated IPO landing page.

Channel #6 Commercial Bank

First City Monument Bank Limited Portal

Apply directly via your bank portal, mobile banking app, or dedicated IPO landing page.

🛡️ HalalStock Educational Disclaimer

HalalStock.ng is an independent educational technology platform. This microsite is strictly designed to help retail investors understand official regulatory documents in plain English.

HalalStock does not sell shares, receive subscription monies, or issue investment fatwas. DPRP FZE shares were evaluated for Shariah compliance by Buraq Capital Limited under AAOIFI Standard No. 21 with certification from FRACE. Before investing, read the complete 194-page prospectus and consult a licensed capital market operator registered with the SEC.

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