Nigerian Firms Find Way to Tap Africa Investors for Dangote IPO - Bloomberg.com
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Nigerian banks and investment firms are broadening access to the Dangote Petroleum Refinery IPO through nominee arrangements that allow African investors to participate in the share offering. Leading firms are simultaneously recruiting investors and securing regulatory approvals from stock exchanges and financial authorities across the continent.
Nigerian Firms Open Dangote IPO to Africa Investors With Nominee Arrangements - Bloomberg
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Nigerian Firms Find Way to Tap Africa Investors for Dangote IPO
*Aliko Dangote, president and chief executive officer of Dangote Group, speaks at the Nigerian Stock Exchange in Lagos, Nigeria, on Sept. 14.
Photographer: Victor Adewale/Bloomberg*
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By Emele Onu
September 18, 2026 at 11:33 AM CDT
Nigerian banks and investment firms are signing up investors across Africa while seeking regulatory approvals for arrangements designed to broaden access to Dangote Petroleum Refinery and Petrochemicals FZE’s share offering.
United Capital Plc, FSDH Capital Ltd and FirstCap Ltd. are among the firms wooing investors and approaching regulators and stock exchanges across the continent to act as intermediaries for investors.