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Article

Remita is approved as a digital channel for the Dangote Refinery IPO starting September 14, 2026.

Business AM Sep 11, 2026
Read the original Article page

TL;DR

The Nigerian Exchange (NGX) approved Remita as an electronic subscription channel for the upcoming Dangote Refinery IPO.

The public offer will run from September 14, 2026, to October 13, 2026, offering 4.1 billion shares at ₦525 per share.

Investors participating through Remita must provide valid stockbroking and Central Securities Clearing System (CSCS) details.

Intelligence

Alongside the IPO integration, Remita launched an upgraded mobile app to expand from corporate payments to retail financial services.

Integrating fintech platforms like Remita into major listings signals a permanent shift toward digital retail participation in Nigeria's capital markets.

For Nigerian retail investors and stockbrokers, this digital onboarding path will likely accelerate subscription volumes during the month-long IPO window in late 2026.

Funding extracted from this article

1
Dangote Refinery Ipo · 4.1 billion shares at ₦525 per share

Regulatory activity extracted

1
Nigerian Exchange Approval granted

Tenders extracted

0

No tenders were extracted from this article.

Further reading

More on the companies named in this article.

Companies named

4

People named

1

Elsewhere on these companies

Other recorded activity involving the same companies.