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Dangote Refinery IPO: Meristem × Payaza Offers Non-BVN, Foreign-Currency Route

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Investors without a Bank Verification Number (BVN) can participate in the Dangote Petroleum Refinery IPO through an alternative onboarding pathway on the Meristem × Payaza platform.

The platform also allows investors outside Nigeria to select supported foreign currencies when paying for their share subscription.

Under the non-BVN pathway, eligible investors can proceed through an alternative investor onboarding process and complete the required documentation before submitting their subscription.

For diaspora investors, the platform allows users to select their shares, view the investment amount in supported currencies and complete payment digitally.

The development expands the ways investors can access the Dangote Refinery public offer, particularly for Nigerians living outside the country and investors who do not have a BVN.

The Dangote Refinery IPO offers 4.1 billion ordinary shares at ₦525 per share. The minimum subscription is 10 shares, while the offer is scheduled to close on October 13, 2026.

The Meristem × Payaza subscription platform is available at meristem.payaza.africa.

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The Villpress Staff Writers are an in-house team of experienced editors and industry experts dedicated to producing clear, insightful content. As part of Villpress, they cover the latest trends and innovations across business, technology, artificial intelligence, advertising, and more, delivering stories that inform, engage, and add real value to readers.
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