The Dangote Petroleum Refinery IPO is set to be one of the largest stock listings in Nigerian Exchange (NGX) history.
As the September 14, 2026 subscription window approaches, investors in Nigeria and across the diaspora are looking for a simple, fast way to buy shares directly from their phones.
Here is a step-by-step guide to where to invest, what to prepare, allocation rules, and how to submit your application via invest.paga.com.
Where Can I Buy Dangote Refinery Shares?
You can buy Dangote Refinery IPO shares online through approved digital primary market gateways like Paga.
Our waitlist is live; you can sign up for immediate notification when it opens. Visit invest.paga.com to learn more.
This online platform allows you to:
- Complete your application in minutes from any smartphone or computer.
- Fund your share purchase using Naira wallets, bank transfers, USD accounts, ACH, and domestic and international wires.
How Much Do Dangote Refinery Shares Cost? (Minimum Purchase)
- Minimum Order: 10 Units
- Price Per Share: ₦525
The exact total cost for the minimum 10-unit purchase will be displayed on your screen before you confirm payment at invest.paga.com.
How to Participate/Buy Dangote Refinery Shares in 2 Steps
Registering on Paga’s waitlist at invest.paga.com ensures you receive immediate alerts the moment the official SEC subscription window opens.
This is also the website where you will submit your application.
Applying takes just two simple steps:
1: Complete the Quick Application Form.
Under SEC and CBN regulations, every investor must have a valid Bank Verification Number (BVN).
(Nigerians in the diaspora without a valid BVN can register for one via the NIBSS Non-Resident BVN portal before applying).
On the form, simply enter:
- Your BVN and associated bank account details (to receive future dividend payouts).
- Your contact details.
- Your stockbroking details (to hold electronic shares safely on the NGX, you need a Central Securities Clearing System (CSCS) account and a Clearing House Number (CHN):
- Existing Stockmarket Investors: Enter either your CHN or your CSCS number on the form. Your allocated shares will be credited to your existing portfolio.
- New Investors: If you do not have a CSCS account, you can proceed with your purchase! Paga will automatically generate a new CSCS profile for you through our SEC-licensed stockbroker partner.
2: Pay for your shares
Select your subscription quantity (minimum 10 units) and choose your preferred payment method on Paga:
- Pay with Paga Wallet (Naira or USD account)
- Nigerian Bank Transfer
- U.S. ACH / Domestic Wire
- International Wire / SWIFT (Funds converted transparently at official market exchange rates)
Once submitted, you will receive an instant payment receipt via email.
When the SEC approves final share allotments post-IPO window, you will receive a confirmation email detailing your final share allocation.
Can You Buy Dangote Refinery IPO Shares from the USA, UK, or Abroad?
Yes. Non-resident Nigerians do not need a local Nigerian bank account to participate. Through invest.paga.com, diaspora investors can pay using:
- Pay with their Paga U.S account
- U.S. ACH/Domestic Wire
- International Wire/SWIFT.
Your foreign currency is converted to Naira at the official prevailing market exchange rates to settle your share purchase on the NGX.