In this short article, I will be showing you how to successfully buy any IPO – Initial Public Offering in Nigeria including the upcoming Dangote Refinery IPO that is set to be the largest IPO in the history of Nigeria Stock Market public offerings.
Now first thing first; What is an IPO?
Initial Public Offering: IPO is a primary market instrument used in launching new shares into the market where eligible investors are allowed to participate in share offering during the Subscription Period before the company lists for public trading.
In Nigeria, IPOs are held through the Nigeria Stock Exchange platform. Investors are now able to participate digitally using the NGX e-platform for buying into IPOs.
Step By Step Guide For Participating In Dangote Refinery Public Shares Offering:
- Go to invest.ngxgroup.com. Register your personal details by filing the registration form and verifying your email address.
- You will be required to provide your BVN and NIN for having access to IPO sales online.
- You will provide a CSCS Account Number (Central Securities Clearing System). This will allow you to get your shares allotment sent to you after the IPO Sales.
- You can register on Bamboo and verify your account to get a CSCS Account Number
Download Bamboo App
You can use the referral code : 489304
What You Must Know: All you need to do to buy Dangote Refinery Shares during the IPO Sales is to register and verify on Invest.NgxGroup.Com and verify your account. Register for a CSCS Account through Bamboo or Cowrywise to get your allotted Dangote Refinery Shares sent to you. All you have to do now is to wait for the IPO announcement. Keep an eye on the NGX Invest webpage for this announcement and access.
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