Nigerians at home and in the diaspora seeking to participate in the landmark Initial Public Offering of Dangote
Petroleum Refinery and Petrochemicals can subscribe conveniently through Zenith Bank, a receiving bank for
the historic transaction and a designated electronic application channel for the offer. Subscription is open
through the Zenith Bank website, the Zenith mobile app, internet banking, USSD, corporate internet banking
and any Zenith Bank branch nationwide.
Across all of these channels, anchored by Zenith Bank’s network of 456 branches and 84 cash centres,
investors enjoy a secure, fast and reliable route into the offer from anywhere in the world, at any hour.
Whether the application begins on a phone in London, a laptop in Houston or across the counter of a Zenith banking hall
in Lokoja, the process conveys prospective investors smoothly through to completion of the application. Every
subscription is linked to the investor’s Bank Verification Number, a seal of identity and security that
accompanies each application from submission to allotment. It is service the Zenith way: first-time and
seasoned subscribers alike, enjoy a straightforward and fully protected process, as well as the confidence that
their stake in history is processed through Zenith Bank.
Applications are expected to open on Monday, 14 September 2026 and run for 30 days, closing on Tuesday,
13 October 2026. According to the prospectus, the shares are offered at ₦525 each, with a minimum
subscription of 10 shares, or ₦5,250. The offer seeks to raise ₦2.15 trillion, the largest equity offering ever
undertaken on the African continent, and the prospectus further provides that retail investors who subscribe
and hold their shares may qualify for bonus shares under the Retail Investor Incentive Programme, subject to
regulatory approvals.
Zenith Bank stands ready to make participation effortless for subscribers who choose to take part. Nigeria’s
largest bank by Tier-1 capital, Zenith, has built a reputation of combining scale with innovation. This capability
is now at the service of every investor in this offer. The Bank has records to prove this as its own most recent
public offering was executed mainly through digital channels, a demonstration of digital readiness built on
robust digital infrastructure. That infrastructure has since been strengthened further through a comprehensive
technological overhaul, positioning Zenith to serve its retail customers with the same excellence long enjoyed
by its corporate clients; which is precisely the capability an offer of this scale demands.
Within the wider transaction, Quantum Zenith Capital & Investments Limited serves among the joint issuing
houses, while Zenith Bank itself provides the secure and dependable channels through which applications are
received and processed. Zenith Bank brings tested infrastructure and experience to the largest equity offering
in African history. It will leverage combination of financial strength, digital excellence and customer devotion
that has earned the Bank recognition year after year as one of Africa’s foremost financial institutions, trusted by
millions of customers and by the corporates and governments behind the continent’s biggest transactions.
For over three decades, Zenith Bank has been the trusted gateway to Nigeria’s defining financial moments, and
its channels are open for the Dangote Petroleum Refinery and Petrochemicals offer. Subscription is by opening
or funding existing Zenith Bank accounts and payment using the bank’s electronic platforms before the offer
closes on 13 October 2026.
Interested subscribers are to note that the details of the offer are provided in the prospectus and guided by
extant regulations. Where appropriate, they may seek independent professional advice on the offer.
Zenith Bank serves as a Receiving Bank and electronic application channel for this offer and always in your
best interest.
