2026-09-14
Added
Following the Commission's approval for the Initial Public Offering (IPO) by Dangote Petroleum Refinery and Petrochemicals FZE to open on September 14, 2026, the public is advised to exercise caution. Prospective investors must make applications and payments only through officially designated channels and obtain information solely from official sources. They are required to verify the authenticity of platforms, follow the announced IPO timetable, and avoid transferring funds to unauthorized entities. The document also advises verifying the registration status of companies or individuals offering investment opportunities on the Commission's dedicated portal.
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Following the Commission’s approval for the Initial Public Offering (IPO) by Dangote Petroleum Refinery and Petrochemicals FZE (the Refinery) to open on Monday, September 14, 2026, the public is hereby advised to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents/subscription channels and platforms.
Prospective investors are specifically advised to:
Verify the authenticity of any website, platform or link before providing personal or financial information.
Follow only the officially announced subscription/application process and IPO timetable.
Avoid transferring funds to any person or entity claiming to receive applications/subscriptions outside the approved channels.
Verify that their chosen registered Capital Market Operator’s channels/platforms for the offer are duly authorised and approved.
Avoid responding to unsolicited calls, WhatsApp messages, social media advertisements, emails or other channels/platforms that offer or guarantee allotments or preferential allocation.
Carefully read the approved Prospectus and understand the terms, conditions and risks associated with the investment before making any subscription.
The SEC reiterates that the existence of an individual, company, digital platform or social media account does not, by itself, constitute approval or authorisation to receive applications or funds from investors in respect of the Offer, therefore prospective investors are further advised to contact SEC-registered stockbrokers, banks or registered Investment advisers for guidance.
The public is advised to VERIFY the registration status of companies, entities, platforms or individuals offering investment opportunities on the Commission’s dedicated portal at https://www.sec.gov.ng/fintech-and-innovation-hub-finport/registered-fintech-operators/ or www.sec.gov.ng/cmos before entering into any transaction with them.
SIGNED
MANAGEMENT
September 14, 2026
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Source: Securities and Exchange Commission Nigeria — original document
Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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