Investors pour N1.5 trillion into Dangote Refinery’s IPO within first hour of trading
Investors poured a whopping N1.5 trillion into the Dangote Petroleum Refinery and Petrochemicals (DPRP) Initial Public Offering (IPO) within first hour after the offer opened on Monday, September 14, 2026, on the Nigerian Exchange (NGX), signalling strong institutional and retail... Read More →
Dangote Refinery IPO: My take
The Dangote Refinery IPO is officially here, with the offer opening today, September 14, 2026. Tagged “The IPO of the People,” the shares are being offered at N525 per share through an offer for subscription. This is important because it means the money... Read More →
Dangote unveils N2.15 trillion IPO, says offer to democratise wealth creation
Aliko Dangote, President and Chief Executive Officer of Dangote Industries Ltd., says the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals (FZE) will democratise wealth creation for ordinary Nigerians and investors globally. Addressing the global capital market community... Read More →
Ex-Odu’a chair urges govt to invest in Nigerians
Former Chairman of Odu’a Investment Company, Dr Segun Aina, has urged the government to invest in human capital, strong institutions and ethical leadership, warning that infrastructure alone cannot guarantee Nigeria’s sustainable development. Aina, a former banker, stated this in his... Read More →
NASD targets expansion into digital securities, commercial papers
NASD Plc is positioning for its next phase of growth by expanding beyond traditional securities trading into a broader capital-formation ecosystem to create diversified revenue streams and deliver long-term value to investors. The strategy reflects a growing need for private... Read More →
Experts advocate domestic capital as health funding shrinks
Leading financial stakeholders and healthcare investors have called for the urgent establishment of a stronger domestic capital ecosystem to address Africa’s critical healthcare financing needs. The call comes at a pivotal moment, as international donor funding, historically anchored by programmes... Read More →
Broad sell-offs push NGX weekly index down 1.60%
Widespread sell pressure dominated the Nigerian Exchange as 80 equities closed lower against just nine gainers. The index pullback pushed total turnover down to 3.647 billion shares worth N130.151bn, with the Financial Services industry continuing to anchor overall trading volume, JIDE... Read More →
Dangote Refinery offer to boost FX earnings — CIS, ASHON
The Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria have welcomed the initial public offering of Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise, describing it as a landmark development for Nigeria’s capital market. The... Read More →
NGX opens week bullish, market cap gains N160bn
The Nigerian equities market kicked off the week on a bullish note on Monday, as gains recorded in Nestle Nigeria Plc and 19 other stocks pushed the total market capitalisation up by N160bn. The All-Share Index rose by 246.50 basis... Read More →








