The Kwara State Government has announced plans to acquire shares in the ongoing Dangote Petroleum Refinery Initial Public Offering (IPO) for outstanding female teachers in the state. Governor AbdulRahman AbdulRazaq

The Dangote Refinery IPO is bringing retail investors into the centre of Nigeria’s capital-market expansion, with a low entry threshold and digital distribution channels drawing strong interest from everyday Nigerians.

Keystone Bank has been appointed a Receiving Agent for the Dangote Refinery public offer, allowing eligible investors to subscribe for shares through the bank’s approved channels.

Aliko Dangote says the IPO of his 650,000-barrel-per-day refinery will open within 10 to 12 days, with the company seeking about $5 billion.