Ecobank has announced that it will facilitate the sale of Dangote Petroleum Refinery shares to investors across the continent. The bank's extensive digital and branch banking channels will provide retail and institutional investors with convenient access to participate in the ongoing share offer. This move is aimed at strengthening Ecobank's role in connecting African investors with major investment opportunities. The offer, which opened on September 14, 2026, is scheduled to close on October 13, 2026.
Through its pan-African network and digital banking platforms across 33 African countries and international offices in London, Paris, Beijing, and Dubai, Ecobank is providing investors with a unique opportunity to acquire a stake in the Dangote Petroleum Refinery. The refinery is one of Africa's significant industrial projects, and the share offer is expected to attract interest from investors across the continent. In Nigeria, customers and non-customers can subscribe to the offer through the Ecobank Mobile App, Internet Banking, Ecobank website, and any Ecobank branch nationwide.
The shares are available at ₦525 per share, with a minimum subscription of 10 shares. This pricing strategy is aimed at making the investment opportunity accessible to a wide range of investors. According to Austen Osokpor, Head of Marketing and Corporate Communications at Ecobank Nigeria, the bank is committed to connecting customers and the wider public with opportunities that support wealth creation and broader participation in the capital market.
Ecobank's digital platforms and extensive branch network have been positioned to provide a seamless, convenient, and accessible subscription experience for interested investors. The bank's online channels, including the Ecobank Mobile App and Internet Banking, will enable investors to subscribe to the offer from the comfort of their homes. Additionally, investors can visit any Ecobank branch nationwide to access information and subscribe to the offer.
Prospective investors are encouraged to carefully read the Prospectus and seek professional advice where necessary before making any investment decision. This is to ensure that investors are well-informed and make informed decisions about their investments. The Prospectus provides detailed information about the Dangote Petroleum Refinery, its operations, and the terms of the share offer.
The Dangote Petroleum Refinery is one of Africa's significant industrial projects, and the share offer provides investors with an opportunity to acquire a stake in the project. The refinery is expected to play a critical role in meeting Africa's energy needs and creating jobs. By investing in the refinery, investors will be contributing to the growth and development of Africa's economy.
Interested members of the public can visit any Ecobank branch nationwide or subscribe through the bank's digital channels. The bank's customer support team is available to provide assistance and answer questions from prospective investors. With this move, Ecobank is reaffirming its commitment to supporting economic growth and development in Africa by providing access to investment opportunities.
Key points
- Ecobank enables sale of Dangote Petroleum Refinery shares across Africa through its digital and branch banking channels.
- The share offer opens on September 14, 2026, and closes on October 13, 2026, with shares priced at ₦525 per share.
- The Dangote Petroleum Refinery is one of Africa's significant industrial projects, and the share offer provides investors with an opportunity to acquire a stake in the project.
