Zenith Bank, Nigeria's leading bank in digital, customers' care and corporate governance
With Zenith Bank’s Over 456 Branches Network
OpenLife News reports that Nigerians at home and in the diaspora now have a secure, fast and reliable way to participate in the landmark Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals through Zenith Bank.
As a designated Receiving Bank and electronic application channel for the historic offer, Zenith Bank has opened multiple channels for subscription, making it possible for investors to buy shares from anywhere in the world, at any time.
Investors can subscribe via the Zenith Bank website, Zenith mobile app, internet banking, USSD, corporate internet banking, and across all Zenith Bank branches nationwide. Backed by Zenith’s extensive network of 456 branches and 84 cash centres, the process is designed to be smooth whether you’re applying on your phone in London, on a laptop in Houston, or walking into a Zenith branch in Lokoja.
Every application is linked to the investor’s Bank Verification Number (BVN) to ensure identity verification and security from submission to allotment. Both first-time and experienced investors will enjoy a straightforward and fully protected subscription process.
According to the prospectus:
Offer opens: Monday, 14 September 2026
Offer closes: Tuesday, 13 October 2026
Offer price: ₦525 per share
Minimum subscription: 10 shares, or ₦5,250
Target raise: ₦2.15 trillion — the largest equity offering in African history.
Retail investors who subscribe and hold their shares may also qualify for bonus shares under the Retail Investor Incentive Programme, subject to regulatory approvals.
Zenith Bank Plc, Nigeria’s largest bank by Tier-1 capital, has built a reputation for combining scale with innovation.
The bank’s most recent public offering was executed mainly through digital channels, a proof of its robust digital infrastructure which has now been further upgraded.“Within this transaction, Quantum Zenith Capital & Investments Limited serves as one of the joint issuing houses, while Zenith Bank provides the secure channels for receiving and processing applications,” the bank stated.
With over three decades of experience, Zenith has been the trusted gateway to Nigeria’s defining financial moments. For the Dangote Refinery IPO, the bank is leveraging its financial strength, digital excellence, and customer-first approach to ensure seamless participation.
How To Subscribe
Interested investors are to open or fund an existing Zenith Bank account and make payment through any of the bank’s electronic platforms before the offer closes on 13 October 2026.
The bank advised that full details of the offer are contained in the prospectus and guided by extant regulations. Prospective subscribers may also seek independent professional advice where necessary.
Zenith Bank serves as a Receiving Bank and electronic application channel for this offer — always in your best interest.
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