Posted : 2026-09-10

How to Buy Dangote Shares: Your Guide to the Dangote Refinery IPO

The Dangote Petroleum Refinery and Petrochemicals FZE share offer is expected to open on 14 September 2026 and close on 13 October 2026. Each share will cost ₦525, and purchases are in multiples of 10 units.  

You can use the PremiumTrust Mobile App to buy shares for yourself, for a child, or for someone else. This guide explains what it means to own shares, the possible benefits and risks, and the steps to follow.

Offer at a glance

What it means to own shares

An Initial Public Offering, or IPO, is when a company offers its shares to the public for the first time. When you buy shares, you become a part owner of the company.

The number of shares you buy shows how much of the company you own. However, buying shares does not guarantee that you will make money. The value of your shares can appreciate or depreciate.

Possible benefits of buying shares

• Own part of the company: Buying shares makes you a shareholder in the company.

• Your shares may increase in value: If the company does well, the value of your shares may rise. It may also fall.

• Spread your investments: Buying shares can help you avoid putting all your investments in one place.

• You may receive dividends: The company may share part of its profit with shareholders. This payment is called a dividend. Dividends are not guaranteed.

Before you invest, read the official offer documents carefully and make sure you understand the risks.

About the Dangote Refinery share offer

Dangote Refinery is one of Nigeria's major industrial businesses. Through this offer, members of the public who meet the requirements can buy shares and become part owners of the company.

You can choose how many shares you want to buy, but you must follow the minimum purchase requirement and other conditions in the official offer documents.

How to buy shares through PremiumTrust

You can own a share through PremiumTrust Bank by subscribing on the mobile app, our corporate internet banking platform, our website or by visiting any of our branches.

The PremiumTrust Mobile App

From 14 September 2026, log in to the PremiumTrust Mobile App and follow this menu:

Invest  >  Public Offers  >  Dangote Refinery Offer

Buying shares for yourself

1. Log in to the PremiumTrust Mobile App.

2. Select Invest, then Public Offers, followed by Dangote Refinery Offer.

3. Select Subscribe.

4. Under who you are buying for, select Self.

5. Choose Individual if you are buying personally, or Corporate if you are buying for a company.

6. Select your dividend payout account and preferred broker.

7. Enter the number of shares you wish to subscribe for.

8. Enter your Clearing House Number, also called a CHN, if you have one. This is optional.

9. Authorise the transaction using your PIN, OTP or token.

Buying shares for a minor

1. Log in to the PremiumTrust Mobile App.

2. Select Invest, then Public Offers, followed by Dangote Refinery Offer.

3. Select Subscribe, then select Minor.

4. Enter the minor's NIN.

5. Select the dividend payout bank and enter the payout account number.

6. Select your preferred broker and enter the number of shares.

7. Enter the CHN if you have one. This is optional.

8. Authorise the transaction using your PIN, OTP or token.

Buying shares for someone else

You can also purchase shares for another person through the PremiumTrust Mobile App.

1. Log in to the PremiumTrust Mobile App.

2. Select Invest, then Public Offers, followed by Dangote Refinery Offer.

3. Select Subscribe, then select For Someone.

4. Choose Individual or Corporate, as required.

5. Enter the beneficiary's BVN, telephone number and email address.

6. Select the dividend payout account and preferred broker.

7. Enter the number of shares. You may also enter the CHN if available, but this is optional.

8. Authorise the transaction using your PIN, OTP or token.  

The Corporate Internet Banking Platform

For Corporate Subscriptions

• Log in to the Corporate Internet Banking platform 

• Select Invest → Offers.

• Select Dangote Refinery and click Subscribe.

• Select Corporate.

• Provide your company’s TIN (Tax Identification Number), RC Number, registration date, BVN and email address.

• Select your payment account and dividend receiving account.

• Select your preferred broker. If you already have a broker, select the broker and enter your CHN/CSCS number. If you do not have a broker, you can select a preferred broker to be created.

• Enter the number of shares you wish to purchase in multiples of 10 units.

• Click Proceed.

• Enter your Transaction PIN and Token, then click Complete Transaction.

For Individual Subscriptions

• Log in to the Corporate Internet Banking platform.

• Select Invest → Offers.

• Select Dangote Refinery and click Subscribe.

• Select Individual.

• Enter your BVN and email address.

• Select your payment account and dividend receiving account.

• Select your preferred broker. If you already have a broker, select the broker and enter your CHN/CSCS number. If you do not have a broker, you can select a preferred broker to be created.

• Enter the number of shares you wish to purchase in multiples of 10 units.

• Click Proceed.

•  Enter your Transaction PIN and Token, then click Complete Transaction.

Subscribe at a PremiumTrust Branch

You can also subscribe by visiting any PremiumTrust Bank branch, whether you are an existing PremiumTrust customer or not.

A designated member of staff will assist you with the subscription process through the Bank’s website.

Once you begin the subscription process, PremiumTrust will create a virtual account for you to fund the amount required for the shares you wish to purchase. You will be required to provide your BVN and dividend payout account details.

If you are paying with cash, you can first make your deposit at the branch teller point. Then proceed to the designated staff member, who will assist you in completing your share subscription.

Other Ways to Access the Offer

You do not have to be an existing PremiumTrust customer to access the offer.  Visit the PremiumTrust website at to subscribe.

Follow these steps.

• Visit the PremiumTrust website.

• Click Subscribe on the pop-up displayed on the website.

• Once the Dangote Refinery offer appears, click Proceed.

• Enter your BVN linked to your phone number.

• If your current phone number is not linked to your BVN, select the option provided and enter your current phone number and date of birth.

• Verify your phone number using the OTP sent to you.

• Once your information is displayed on the next page, enter the number of shares you wish to purchase. Remember, shares must be purchased in multiples of 10 units.

• Select your preferred broker.

• Enter your CHN, if available. This is optional.

• Select your dividend payment bank.

• Enter your dividend payment account number.

• A virtual account will be created and displayed on your screen. Transfer the exact amount required for your share purchase into the virtual account.

• Once payment is made, click I Have Paid.

• Your subscription receipt will then be issued to you.

Frequently asked questions

What is an IPO?

An IPO is when a company offers its shares to the public for the first time.

How much is one share?

One share costs ₦525.

How many Units Can I buy?

You can own no less than 10 units

When does the offer open and close?

The offer is expected to open on 14 September 2026 and close on 13 October 2026.

Can I buy shares for a child?

Yes. Select Minor and provide the required details, including the child's NIN.

Can I buy shares for someone else?

Yes. Select For Someone and provide the person's required details.

Do I need a CHN?

No. A Clearing House Number, or CHN, is optional when you are buying the shares.

Can I choose my broker?

Yes. You can choose your preferred broker when buying the shares.

For help, contact PremiumTrust's Customer Experience team at any time:

0201 330 2777

0700 PREMIUM (0700 773 6486)

contactpremium@premiumtrustbank.com

Disclaimer

Buying shares involves risk. The value of your shares can rise or fall, and you may lose some or all of the money you invest. Past performance does not guarantee future returns.

Before buying, read the official offer documents, terms and conditions, and risk information carefully. You must meet the requirements stated in the offer documents.

This guide is for general information only. It is not investment advice or a recommendation to buy or sell shares.