Nigerians at home and in the diaspora seeking to participate in the landmark Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals can subscribe through Zenith Bank, a receiving bank and designated electronic application channel for the historic offer.
Investors can submit applications through the Zenith Bank website, Zenith mobile app, internet banking, USSD, corporate internet banking, as well as at any Zenith Bank branch nationwide.
Supported by Zenith Bank’s network of 456 branches and 84 cash centres, the bank’s channels provide investors with convenient and secure access to the offer from anywhere.
Every subscription is linked to the investor’s Bank Verification Number (BVN), providing an additional layer of identity verification and security throughout the application and allotment process.
Applications for the offer opened on Monday, September 14, 2026, and will remain open for 30 days, closing on Tuesday, October 13, 2026.
According to the prospectus, the shares are offered at ₦525 per share, with a minimum subscription of 10 shares, equivalent to ₦5,250. The offer is seeking to raise ₦2.15 trillion, which would make it the largest equity offering ever undertaken on the African continent.
The prospectus also provides for a Retail Investor Incentive Programme under which eligible retail investors who subscribe and retain their shares may qualify for bonus shares, subject to regulatory approvals and the applicable terms of the offer.
Zenith Bank said its digital infrastructure and extensive branch network are positioned to provide investors with a straightforward route to participating in the offer.
The bank noted that its experience in handling its own recent public offering, which was executed predominantly through digital channels, demonstrates its readiness to support transactions of significant scale.
The bank has also undertaken a comprehensive technological overhaul aimed at further strengthening its digital capabilities and customer experience.
Within the broader transaction, Quantum Zenith Capital & Investments Limited is serving among the joint issuing houses, while Zenith Bank is providing receiving-bank and electronic application channels for investors.
The bank said its combination of financial strength, digital capabilities and nationwide reach places it in a strong position to support investors seeking to participate in the landmark offer.
Investors wishing to subscribe through Zenith Bank are advised to fund their Zenith Bank accounts and complete their applications through any of the bank’s approved channels before the offer closes on October 13, 2026.
The details and terms of the offer are contained in the Prospectus and are subject to applicable laws and regulations. Zenith Bank serves as a Receiving Bank and electronic application channel for the offer.
Investors are advised to carefully read the Prospectus and, where appropriate, seek independent professional advice before making any investment decision.
