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 transaction and a designated electronic application channel for the offer. Subscription is open via the Zenith Bank website, the Zenith mobile app, internet banking, USSD, corporate internet banking and any Zenith Bank branch nationwide.
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 guides prospective investors smoothly to completion. Every subscription is linked to the investor’s Bank Verification Number (BVN), a seal of identity and security that accompanies each application from submission to allotment. First-time and seasoned subscribers alike benefit from a straightforward, fully protected process and the confidence that their application 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 (₦5,250). The offer seeks to raise ₦2.15 trillion—the largest equity offering ever undertaken on the African continent—and the prospectus states 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 says it stands ready to make participation effortless for subscribers. Nigeria’s largest bank by Tier 1 capital, Zenith has built a reputation for combining scale with innovation. The bank’s most recent public offering was executed mainly through digital channels, demonstrating digital readiness built on robust infrastructure. That infrastructure has since been strengthened through a comprehensive technological overhaul, positioning Zenith to serve retail customers with the same excellence long enjoyed by its corporate clients—capabilities an offer of this scale demands.
Within the wider transaction, Quantum Zenith Capital & Investments Limited serves as one of the joint issuing houses, while Zenith Bank 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 and will leverage a combination of financial strength, digital capability and customer service that has earned it recognition as one of Africa’s foremost financial institutions.
For more than three decades, Zenith Bank has been involved in many of Nigeria’s defining financial moments, and its channels are open for the Dangote Petroleum Refinery and Petrochemicals offer. Subscription requires opening or funding a Zenith Bank account and making payment using the bank’s electronic platforms before the offer closes on 13 October 2026.
Prospective subscribers should refer to the prospectus for full details and applicable regulations, and where appropriate seek independent professional advice.
Note: Zenith Bank is a receiving bank and electronic application channel for this offer.
