@thresholdmediagroup: N1.5 trillion. That's what Nigerians subscribed to the Dangote Refinery IPO in six hours, enough demand that two of the platforms carrying it, Bamboo and Cowrywise, hit capacity limits under the traffic. The offer was built as Nigeria's first fully digital retail IPO. Subscribe from a phone, BVN as the only ID needed, 32 channels live at launch including banks, POS terminals and fintech apps. A N5,250 minimum ticket opened it to investors the market hasn't reached at this scale before, and six hours in, that bet on reach was already paying off. The platforms are catching up. Both apps restored access within the day, and any oversubscription gets allotted pro rata, so early demand doesn't cost anyone their spot. Full story: https://thresholdmedia.group/journal/dangote-refinery-ipos-digital-rails-buckle-as-investors-pour-n1-5trn-into-subscriptions-in-six-hours?id=4006&type=innovation #DangoteRefinery #DigitalFinance #AfricaIPO
Threshold Media Group
Region: BJ
Thursday 17 September 2026 14:46:06 GMT
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