WayvePay, the digital banking platform of Wayve Microfinance Bank, is expanding its Banking & Beyond proposition by making the Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering available to its customers. The offer gives eligible Nigerians an opportunity to apply for shares and, if allotted, become shareholders in one of Africa’s largest industrial projects.

The Dangote Refinery IPO represents an avenue for Nigerians to participate in the ownership of a major national industrial asset through the capital market. Priced at N525 per share, with a minimum subscription of 10 shares valued at N5,250, the offer provides an accessible entry point for retail investors. The offer opened on September 14, 2026, and is scheduled to close on October 13, 2026.

For WayvePay users, the public offering adds an investment layer to a growing digital ecosystem that currently provides transfers, payments, savings, business banking, loans, and rewards. Through Wayve Business, eligible small enterprises can access marketing support, business growth tools, and grants where applicable, while salary-earning customers benefit from funding support, salary advances, and rewards.

Speaking on the initiative, Head of Corporate Communications and Marketing at Wayve Microfinance Bank, Kingsley Ezenwa, stated that “Banking & Beyond is about giving Nigerians more ways to manage and grow their money.”

He added, “The Dangote Refinery IPO provides an opportunity for eligible customers to participate in the capital market and potentially become shareholders in one of Nigeria’s most significant industrial projects. It is another example of how we are expanding beyond everyday banking to bring more financial opportunities closer to our customers.”

WayvePay operates within the regulatory framework of the Central Bank of Nigeria, with eligible deposits covered by the Nigeria Deposit Insurance Corporation, subject to applicable limits. The bank advised interested customers to read the approved prospectus, understand the inherent risks, and subscribe strictly through approved channels, noting that investment in shares carries risk and allotment is not guaranteed.