Access to the Initial Public Offering (IPO) of Dangote Petroleum Refinery has been expanded to millions of Nigerians nationwide, following a collaboration between Moniepoint Microfinance Bank (MFB) and TeamApt Ltd. to make the landmark investment opportunity available through digital banking platforms and Moniepoint’s extensive POS network. The initiative means Nigerians can now subscribe to the IPO either through Moniepoint Personal and Business Banking apps or directly at Moniepoint agent locations using POS terminals, bringing the country’s largest-ever public offering closer to everyday investors. The offering invites everyday Nigerians to own a stake in Africa’s largest petroleum refinery – a 650,000-barrel-per-day…
Author: Rommy Imah
Rommy Imah
Rommy Imah is Founder/Editor of Digital Times Nigeria (www.digitaltimesng.com). He has been in active journalism in over two decades with a bias for technology and business reporting. He is particularly passionate about technology and how it can be used to transform human life, businesses and services.
AI interactive content company, Flam, has raised $40 million in Series B funding to accelerate the development of its artificial intelligence products and expand its enterprise business globally, including a push into Nigeria’s fast-growing digital market. The funding round was led by QED Investors, with participation from Claypond Capital, Martin Chavez, Olivier Pomel, Venky Harinarayan and Shah Rukh Khan. Existing investors RTP Global and Dovetail also increased their commitments to the company. The latest investment comes as Flam positions interactive content as the next major evolution of digital media, moving beyond the traditional one-way relationship between content creators and audiences.…
The wait is over. The Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) is now live, giving eligible Nigerians a chance to own a direct stake in Africa’s largest single-train refinery. The Offer at a Glance Issuer: Dangote Petroleum Refinery & Petrochemicals FZE Offer size: 4.1 billion ordinary shares Offer price: ₦525 per share Target value: Approximately ₦2.15 trillion if fully subscribed Minimum subscription: 10 shares (₦5,250), with further applications in multiples of 10 Payment: In full on application Use of proceeds: Refinery expansion capital expenditure Retail incentive: Eligible retail investors may qualify for bonus shares…
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has thrown its weight behind the Federal Government’s Zero-Rated Access to Educational Platforms and Content Programme, describing the initiative as a major step towards expanding digital learning opportunities and accelerating Nigeria’s transition to a knowledge-driven economy. The programme, being implemented in collaboration with the Nigerian Communications Commission (NCC), the Federal Ministry of Education and participating telecommunications operators, is designed to enable subscribers access approved educational platforms without incurring data charges. Under the initiative, eligible users will also receive an initial daily allocation of 100MB specifically for educational purposes, a development ALTON…
Secondary and vocational school students, alongside members of the Association of Nigerian Inventors (ANI) and the Association of Researchers and Inventors Network (ARIN), will once again take centre stage this year as Nigeria joins other African nations in commemorating the African Day for Technology and Intellectual Property Rights (IPR), observed annually on September 13. This year’s edition carries added weight: its interactive component, featuring inventors, innovators, and researchers, will be folded into the 2026 National Technology and Innovation Summit (NTIS 2.0), scheduled for October 7-8 in Ikeja, Lagos, giving young Nigerian talent a bigger stage than in previous years. The…
Nigerians without a Fidelity Bank account, including those in the diaspora, now have a direct digital route into the Dangote Petroleum Refinery Initial Public Offering, as the bank rolls out a Virtual Account system designed to widen participation in the landmark listing. The facility allows prospective investors who do not bank with Fidelity to initiate a subscription entirely online, via the bank’s website, receive a dedicated Virtual Account number, and fund their application from any bank account of their choosing, whether in Nigeria or overseas. Crucially, subscribers are not required to open a full Fidelity Bank account to take part,…
Chairman of the Independent National Electoral Commission (INEC), Professor Joash Amupitan, will deliver the keynote address at the 10th Annual Conference of the Guild of Corporate Online Publishers (GOCOP), holding October 8, 2026, at the Radisson Blu Hotel, Ikeja GRA, Lagos. The conference, themed “2027 Elections: Trust, Transparency and Shared Responsibilities,” comes as Nigeria moves closer to the 2027 general elections and attention turns to the credibility of the electoral process and the responsibilities of the different stakeholders involved. Announcing the keynote in a statement issued Monday, Chairman of the 2026 conference planning committee and GOCOP Deputy President, Mr Olumide…
The Federal Airports Authority of Nigeria (FAAN), through its Directorate of Cargo Development and Services (DCDS), has engaged the top 100 Licensed Customs Agents operating at the Pilgrims and Cargo Terminal (PCT) of Murtala Muhammed International Airport, Lagos. The engagement aimed to strengthen collaboration, address operational challenges, and improve Nigeria’s air cargo ecosystem. The event was attended by the MD/CE, Mrs Olubunmi Kuku, represented by the Director of Cargo Development and Services, Mr Lekan Thomas; Regional General Manager, South West, Barrister Olatokunbo Arewa; Terminal Manager, Pilgrims and Cargo Terminal, Mr Alale; General Manager, Cargo Development, Mrs Alawo Maman; General Manager,…
The Federal Airports Authority of Nigeria (FAAN) and the Cross River State Government have moved to strengthen their collaboration on the development and modernisation of the Margaret Ekpo International Airport, Calabar. The development followed a courtesy visit by the Chairman of the FAAN Governing Board, Dr. Abdullahi Umar Ganduje, alongside members of the Board, the Managing Director/Chief Executive Officer, Mrs. Olubunmi Kuku, and other senior management officials, to the Executive Governor of Cross River State, Prince Bassey Edet Otu. Speaking during the visit, Ganduje expressed appreciation to Governor Otu for the warm reception accorded the FAAN delegation, stressing the need…
Nigeria is seeking to leverage its huge public-sector technology spending to attract at least $750 million in digital infrastructure investment and establish itself as a major cloud computing hub for West and Central Africa. The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, disclosed this while speaking at a workshop on “Nigeria’s Digital Infrastructure Opportunity” during ITW Data Cloud Africa 2026. He said the Federal Government was repositioning Nigeria from a heavy consumer of offshore digital services into a strategic producer and regional provider of cloud computing capacity, supported by clearer regulations, structured demand and increased…