Introducing Folio.
A simpler way to track your NGX stocks and dividends, all in one place.
• Track every stock you own
• Keep up with your dividend payouts
• Get a clearer picture of your investments
Built for Nigerian investors.
Only a few days left to buy into the Dangote Refinery IPO.
The ₦525 per share offer closes on October 13.
If you’ve been considering it, now’s the time to do your research.
Would you buy Dangote Refinery shares?
Only a few days left to buy into the Dangote Refinery IPO.
The ₦525 per share offer closes on October 13.
If you’ve been considering it, now’s the time to do your research.
Would you buy Dangote Refinery shares?
GTCO is paying a ₦1 dividend per share on October 20.
Here’s how much you’ll receive based on the number of shares you own:
• 100 shares → ₦100
• 1,000 shares → ₦1,000
• 10,000 shares → ₦10,000
• 100,000 shares → ₦100,000
How many shares are you holding? 👀
I’ve been quietly building Folio for the past 2 months.
Today, it’s finally live.
I built it because I recently started investing and needed a simple way to track all my stocks and dividends
If you invest in Nigerian stocks, try it out here 👇
https://t.co/iLzJrO2obZ
Introducing Folio.
A simpler way to track your NGX stocks and dividends, all in one place.
• Track every stock you own
• Keep up with your dividend payouts
• Get a clearer picture of your investments
Built for Nigerian investors.
Introducing Folio.
A simpler way to track your NGX stocks and dividends, all in one place.
• Track every stock you own
• Keep up with your dividend payouts
• Get a clearer picture of your investments
Built for Nigerian investors.
The Dangote Refinery IPO will arguably be the easiest IPO to buy in Nigeria.
But buying the shares may be the easiest part. The bigger question is what happens after you become a shareholder? 🧵
It’s almost here.
Get ahead of the moment by opening and funding your Meritrade account today, so you’re ready when the Dangote Petroleum Refinery and Petrochemicals IPO goes live.
Download Meritrade and get investment-ready.
SEPLAT IPO: FROM #576 TO #13,552-THE LESSON FOR DANGOTE IPO INVESTORS
BY Asalu Adegboyega Yinka
Seplat was listed on the Nigerian Stock Exchange through an Initial Public Offering at #576 per share in April 2014. The stock gained significant momentum immediately after listing, rising to about #700 within its first three trading sessions.
However, the rally was short-lived. By December 2014, Seplat’s share price had fallen from #576 to approximately #252, as the global collapse in crude oil prices was compounded by local operational disruptions and a deterioration in the company’s financial performance.
The pressure intensified in 2015 and early 2016 as the global oil glut pushed Brent crude to a 12-year low, briefly falling below $28 per barrel. The sharp decline in oil prices had a significant impact on Seplat’s earnings, with revenue falling by more than 55%.
By January 2016, Seplat’s share price had declined to as low as #151.70. The company moved from being highly profitable at the time of its IPO to recording an operating loss of more than #45 billion.
Earnings per share turned negative, the balance sheet weakened significantly, and shareholders’ funds became negative. The deterioration in the company’s fundamentals also affected its ability to pay dividends, forcing investors to reprice the stock substantially lower.
Fast-forward to 2026, and the story looks dramatically different.
Seplat, which traded as low as #151.70 in January 2016, is now trading around #13,552.60 on the NGX Custom Street, representing a year-to-date return of approximately 133.30%, after opening the year at #5,610 in January 2026.
The Seplat experience offers an important lesson for investors considering the upcoming Dangote IPO.
A fundamentally strong company can experience significant price declines after an IPO because of changes in commodity prices, macroeconomic conditions, operational challenges, earnings, investor sentiment and valuation.
Therefore, before selling fundamentally sound stocks in your portfolio simply to raise money for the Dangote IPO, think twice.
An IPO is not guaranteed to rise after listing. The share price can move significantly upward or downward depending on market conditions, valuation, earnings and investor sentiment.
If you cannot comfortably leave your money invested in the stock market for at least one year, you should think carefully before subscribing to the Dangote IPO.
The Dangote IPO should be approached with a long-term investment mindset rather than the expectation of making a quick trading profit.
Seplat’s journey from #151.70 to #13,552.60 is a powerful reminder that short-term price movements do not always reflect the long-term value creation of a fundamentally sound company.
Before You Invest in the Dangote Refinery IPO, Let History Speak First.
Not every IPO on the NGX made investors money. Some destroyed wealth.
But the ones that did work? They followed a pattern.
This thread shows you that pattern using five real NGX listings. Study it before the Dangote subscription window opens.
DANGOTE REFINERY IPO REPORTEDLY PRICED AT ₦525 PER SHARE
Reuters reports Dangote Refinery is planning to price its IPO at ₦525 a share, selling about 4.1 billion shares to raise roughly $1.5 billion. The order book is expected to open on September 14
Not financial advice. Do your own research.
Investing in the NGX is not hard, just do this.
Look at the stable, profitable and consistent companies.
1 from Tech. (Likely MTN)
1 from Banking. (GT or Zenith)
1 from Oil and Gas. (Aradel or Seplat)
1 from Industrials. (HBM or Dangote Cement)
Keep it simple.