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  • Stan Plange | Xtrafrica Media Group

    Listen to Stan Plange songs, MP3 downloads, lyrics, and latest highlife hits from the Ghanaian music artist. Stan Plange Ghanaian Highlife Guitarist, Arranger and Uhuru Dance Band Leader GHA Highlife, Big Band Stan Plange s' Top Xtrafrica Songs

  • Bonge la Nyau | Xtrafrica Media Group

    Listen to Bonge la Nyau songs, MP3 downloads, lyrics, and latest Bongo Flava hits from the Tanzanian music artist. Bonge la Nyau Tanzanian Bongo Flava Singer TZA Bongo Flava Bonge la Nyau s' Top Xtrafrica Songs

  • Olegue | Xtrafrica Media Group

    Listen to Olegue songs, MP3 downloads, lyrics, and latest hip-hop and Buja Fleva hits from the Burundian music artist. Olegue Burundian Rapper BDI Hip-hop, Buja Fleva, Dancehall Olegue s' Top Xtrafrica Songs

  • Alesh | Xtrafrica Media Group

    Listen to Alesh songs, MP3 downloads, lyrics, and latest hip-hop hits from the Congolese music artist. Alesh Congolese Rapper Congolese Hip-Hop, Rap Prix Découvertes RFI (2021) Alesh s' Top Xtrafrica Songs

  • Levy Sekgapane | Xtrafrica Media Group

    Listen to Levy Sekgapane songs, MP3 downloads, lyrics, and latest opera hits from the South African music artist. Levy Sekgapane South African Operatic Tenor ZAF Opera/Bel canto/Classical Operalia first prize (2017); Montserrat Caballé International Singing Competition first prize (2015); Hans Gabor Belvedere Singing Competition first prize (2015) Levy Sekgapane s' Top Xtrafrica Songs

  • Phyllis Mbuthia | Xtrafrica Media Group

    Listen to Phyllis Mbuthia songs, MP3 downloads, lyrics, and latest Kikuyu gospel hits from the Kenyan music artist. Phyllis Mbuthia Kenyan Gospel Singer KEN Kikuyu gospel Groove Awards 2019 – Central Song of the Year (Muheani, with Sammy Irungu) Phyllis Mbuthia s' Top Xtrafrica Songs

  • Alik Bulan | Xtrafrica Media Group

    Listen to Alik Bulan songs, MP3 downloads, lyrics, and latest Afro-pop hits from the Rwandan music artist. Alik Bulan Rwandan Singer RWA Afro-pop, Afrobeats Alik Bulan s' Top Xtrafrica Songs

  • Dangote Refinery IPO Opens: How to Buy Shares Safely

    Dangote Refinery’s IPO is open at ₦525 per share. See the minimum investment, closing date, approved subscription routes and key investor risks. LAGOS, Nigeria — 14 September 2026: Dangote Petroleum Refinery and Petrochemicals FZE has opened its initial public offering, allowing retail and institutional investors to apply for shares in the refinery. The offer comprises 4.1 billion new ordinary shares priced at ₦525 each , with a minimum application of 10 shares, or ₦5,250 . The subscription period is scheduled to close on 13 October 2026 . The opening moves the refinery from the pre-IPO stage covered in XTRAfrica’s earlier report into an active public subscription period. Investors should use the official offer documents and approved channels rather than social-media links or unsolicited payment instructions. How can investors buy Dangote Refinery IPO shares? The public offer is now open at ₦525 per share, with a minimum application of 10 shares. Prospective investors should read the official prospectus, apply only through channels identified by the offer managers or official IPO portal, and remember that applying does not guarantee allotment or investment profit. What the Dangote Refinery IPO offers The offer places 4.1 billion ordinary shares before the public at ₦525 each. If fully subscribed at that base size, the transaction would raise roughly ₦2.15 trillion , or about $1.6 billion at rates used in international reporting around the launch. Nigeria’s Securities and Exchange Commission had cleared the offering before the opening date. The approval covered the proposed 4.1 billion shares and allowed the company and its advisers to proceed with the final offer process. The Associated Press reported on 14 September that the public ownership drive had opened, while the Financial Times reported before launch that the transaction was designed to attract a broad retail-investor base alongside larger investors. This is a public offer for Dangote Petroleum Refinery and Petrochemicals FZE . It should not be confused with shares in other Dangote-linked companies already traded on the Nigerian Exchange, such as Dangote Cement or Dangote Sugar Refinery. Minimum investment and subscription dates At ₦525 per share, the stated minimum of 10 shares means an investor can submit an application starting at ₦5,250 . Larger applications are made in accordance with the terms in the prospectus and subscription documentation. Continue Reading Full Article BUSINESS TRENDS Dangote Refinery IPO Opens: How to Buy Shares Safely By Kamau Bahati Entertainment Editor Kamau Bahati Home Comment Sep 14, 2026 Sep 14, 2026 5 min read Copy link Facebook X (Twitter) WhatsApp Published Updated: LAGOS, Nigeria — 14 September 2026: Dangote Petroleum Refinery and Petrochemicals FZE has opened its initial public offering, allowing retail and institutional investors to apply for shares in the refinery. The offer comprises 4.1 billion new ordinary shares priced at ₦525 each , with a minimum application of 10 shares, or ₦5,250 . The subscription period is scheduled to close on 13 October 2026 . The opening moves the refinery from the pre-IPO stage covered in XTRAfrica’s earlier report into an active public subscription period. Investors should use the official offer documents and approved channels rather than social-media links or unsolicited payment instructions. How can investors buy Dangote Refinery IPO shares? The public offer is now open at ₦525 per share, with a minimum application of 10 shares. Prospective investors should read the official prospectus, apply only through channels identified by the offer managers or official IPO portal, and remember that applying does not guarantee allotment or investment profit. What the Dangote Refinery IPO offers The offer places 4.1 billion ordinary shares before the public at ₦525 each. If fully subscribed at that base size, the transaction would raise roughly ₦2.15 trillion , or about $1.6 billion at rates used in international reporting around the launch. Nigeria’s Securities and Exchange Commission had cleared the offering before the opening date. The approval covered the proposed 4.1 billion shares and allowed the company and its advisers to proceed with the final offer process. The Associated Press reported on 14 September that the public ownership drive had opened, while the Financial Times reported before launch that the transaction was designed to attract a broad retail-investor base alongside larger investors. ADVERTISEMENT This is a public offer for Dangote Petroleum Refinery and Petrochemicals FZE . It should not be confused with shares in other Dangote-linked companies already traded on the Nigerian Exchange, such as Dangote Cement or Dangote Sugar Refinery. Minimum investment and subscription dates At ₦525 per share, the stated minimum of 10 shares means an investor can submit an application starting at ₦5,250 . Larger applications are made in accordance with the terms in the prospectus and subscription documentation. The offer opened on 14 September 2026 and is scheduled to close on 13 October 2026 . Investors should check the final prospectus for the rules governing applications, possible scaling or allotment, refunds where applicable, and the timetable leading toward listing. The important distinction is that an IPO application is not the same as buying a share that is already freely trading on the exchange. Applicants submit requests during the offer period; the allotment and listing process follows the offer timetable and regulatory requirements. How to apply without falling for IPO scams Prospective investors should begin with the official Dangote IPO portal and its published subscription information. The safest approach is to verify that any bank, broker, issuing house or electronic platform being used appears among the authorised channels in the official offer material. ADVERTISEMENT Investors should avoid sending money to personal accounts, following payment instructions from unverified WhatsApp or Telegram groups, or assuming that a social-media account using Dangote branding is an authorised subscription channel. The prospectus and official offer portal should take priority when online claims conflict. Applicants should also retain confirmation of their application and payment. Where identity, bank or securities-account information is required, it should be submitted only through the approved process described by the offer managers. What the refinery plans to do with new capital The public offer comes as Dangote seeks to expand the refinery and related infrastructure. International reporting has linked the capital raise to a wider expansion plan that includes increasing refining capacity and developing additional distribution and storage infrastructure. The refinery began producing fuels in 2024 and has since become a major part of Nigeria’s petroleum-products market and export story. Its scale gives the IPO significance beyond a normal corporate listing: investors are being offered exposure to a large refining and petrochemicals business whose performance will depend on operating efficiency, crude supply, product prices, financing and execution of expansion plans. Trending Now US and Egypt Sign First $125m Mutual Prosperity Deal . Diplomacy UDC Breaks Ground on Shs29bn Packaging Plant at Namanve . Industry Mauritius, South Africa, Nigeria Clear Youth AI Benchmark . Technology and Innovation Lwazi Bam Named to MTN Nigeria Board From 1 December . Business Trends Popular Today Business Trends Lwazi Bam Named to MTN Nigeria Board From 1 December . | Appointments Dapo Akande Elected ICJ Judge: UK-Nigerian Lawyer's 2026 Win . Biography Dapo Akande Biography: Nigerian-British Lawyer Elected to ICJ . Energy and Power Africa Energy Bank Explained: Funding, Purpose and Projects . Technology and Innovation NCC Device Checker Guide: Check Your Phone Safely . ADVERTISEMENT The risks investors should read before subscribing The offer price is not a promise that the shares will rise after listing. Refining is exposed to changing crude prices, fuel margins, foreign-exchange conditions, regulation, financing costs and operational disruptions. A large industrial expansion also creates execution and capital-allocation risks. Independent Nigerian market analysis from Proshare has urged investors to separate the refinery’s strategic importance from the question of whether the ₦525 offer price represents attractive value for their own objectives. Investors should therefore read the prospectus rather than subscribe only because of the Dangote name or the refinery’s size. They should consider their time horizon, ability to absorb losses and the possibility that the market price after listing could move above or below the IPO price. What happens next Applications are expected to continue through 13 October, subject to the offer terms. After the subscription period, the process moves toward allotment and the planned stock-market listing, provided the required steps and approvals are completed. For XTRAfrica readers, the key change on 14 September is simple: the Dangote Refinery IPO is no longer merely announced or awaiting an opening date. The public offer is active, and investors now have official documents and subscription routes they can verify before committing money. ADVERTISEMENT Related Articles Business Trends Lwazi Bam Named to MTN Nigeria Board From 1 December MTN Group's chief risk officer joins four other appointees in a November board announcement. . | Appointments Dapo Akande Elected ICJ Judge: UK-Nigerian Lawyer's 2026 Win Oxford professor Dapo Akande wins a nine-year ICJ term as Britain returns to the World Court. . Biography Dapo Akande Biography: Nigerian-British Lawyer Elected to ICJ Dapo Akande’s Nigerian education, Oxford career, international cases and 2026 ICJ election. . Energy and Power Africa Energy Bank Explained: Funding, Purpose and Projects Africa's new energy lender: funding, project plans, leadership and the expected 2027 start. . Tags Nigeria News Nigeria News Breaking News Breaking News Nigeria Nigeria Dangote Dangote

  • Adrien Misigaro | Xtrafrica Media Group

    Listen to Adrien Misigaro songs, MP3 downloads, lyrics, and latest Gospel hits from the Rwandan music artist. Adrien Misigaro Rwandan Gospel Singer RWA Gospel, Worship Adrien Misigaro s' Top Xtrafrica Songs

  • Dena Mwana | Xtrafrica Media Group

    Listen to Dena Mwana songs, MP3 downloads, lyrics, and latest Gospel hits from the Congolese music artist. Dena Mwana Congolese Gospel Singer Congolese Gospel, Congolese music, Soul AGMA Central African Artiste of Excellence (2013); AGMA Central African Artiste of Excellence (2019); Etando Award Art & Culture (2016) Dena Mwana s' Top Xtrafrica Songs Utilise-moi Dena Mwana .

  • Sipho Mchunu | Xtrafrica Media Group

    Listen to Sipho Mchunu songs, MP3 downloads, lyrics, and latest maskandi and mbaqanga hits from the South African music artist. Sipho Mchunu South African Musician ZAF Maskandi, mbaqanga Sipho Mchunu s' Top Xtrafrica Songs

  • A South African court has sentenced Tshifhiwa Matodzi, the mastermind behind a $130m banking scandal, to 15 years in prison. Matodzi, the former chairperson of VBS Mutual Bank, pleaded guilty to 33 counts, including corruption, theft, fraud, money laundering, and racketeering. Despite receiving a cumulative sentence of 495 years, he will serve 15 years as the sentences run concurrently. VBS Mutual Bank collapsed in 2018 after years of looting that defrauded ordinary South Africans from rural villages to government circles. Dubbed "the great bank heist," the scandal involved bribing local officials to divert municipal budgets into VBS's coffers in exchange for cash and gifts. The bank's transformation into a slush fund for corrupt politicians and business cronies was revealed when South Africa's central bank took control and launched an investigation. Matodzi, with support from a team of accountants and lawyers, orchestrated the scheme through a network of shell companies and subcontractors. While numerous arrests have been made, only Matodzi and former VBS chief financial officer Phillip Truter have been convicted and sentenced. South Africa's elite Hawks police unit continues to pursue other suspects involved in the VBS case. By Author Name Author Name Home Comment Jul 11, 2024 May 15, 2026 1 min read Copy link Facebook X (Twitter) WhatsApp Published Updated: A South African court has sentenced Tshifhiwa Matodzi, the mastermind behind a $130m banking scandal, to 15 years in prison. Matodzi, the former chairperson of VBS Mutual Bank, pleaded guilty to 33 counts, including corruption, theft, fraud, money laundering, and racketeering. Despite receiving a cumulative sentence of 495 years, he will serve 15 years as the sentences run concurrently. VBS Mutual Bank collapsed in 2018 after years of looting that defrauded ordinary South Africans from rural villages to government circles. Dubbed "the great bank heist," the scandal involved bribing local officials to divert municipal budgets into VBS's coffers in exchange for cash and gifts. ADVERTISEMENT The bank's transformation into a slush fund for corrupt politicians and business cronies was revealed when South Africa's central bank took control and launched an investigation. Matodzi, with support from a team of accountants and lawyers, orchestrated the scheme through a network of shell companies and subcontractors. While numerous arrests have been made, only Matodzi and former VBS chief financial officer Phillip Truter have been convicted and sentenced. South Africa's elite Hawks police unit continues to pursue other suspects involved in the VBS case. ADVERTISEMENT Trending Now US and Egypt Sign First $125m Mutual Prosperity Deal . Diplomacy UDC Breaks Ground on Shs29bn Packaging Plant at Namanve . Industry Mauritius, South Africa, Nigeria Clear Youth AI Benchmark . Technology and Innovation Lwazi Bam Named to MTN Nigeria Board From 1 December . Business Trends Popular Today ADVERTISEMENT ADVERTISEMENT Related Articles Tags

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