Both company can be good and can be bad because both NGX and dangotE are of different species of stocks. For example, NGX is like mama Ngozi market that sells different goods i.e stock of different company (MTN, nestle, Bua) and the beautiful thing about ngx is that it invest in other company too. NRead more
Both company can be good and can be bad because both NGX and dangotE are of different species of stocks.
For example, NGX is like mama Ngozi market that sells different goods i.e stock of different company (MTN, nestle, Bua) and the beautiful thing about ngx is that it invest in other company too.
Note: NGX makes profit when their activities on the NGX like buying and selling of stocks, public listing fees and other fees thats requires.
And for DANGOTE, it is business share on products which is (Oil and gas) and it market price depends on year on year profit, expansion and more products as regards the future. And buying it is called ownership. For future prospect.
Note: either NGX or DANGOTE
Neither of them is a get Rich quick. It depends on your risk appetite for long term growths and profit
Holly Springs, First, making profit or loss in buying dangote IPO depends on a lot of factors Now, let me help you understand what you are buying. Study the business. Because once the shares are trading publicly, the market determines the price. Demand determines price. Supply determines price. EarnRead more
Holly Springs,
First, making profit or loss in buying dangote IPO depends on a lot of factors
Now, let me help you understand what you are buying.
Study the business.
Because once the shares are trading publicly, the market determines the price.
Demand determines price.
Supply determines price.
Earnings matter.
Expectations matter.
Interest rates matter.
Investor sentiment matters.
Global oil prices matter.
Refining margins matter.
The Nigerian economy matters.
And sometimes…
psychology matters.
So don’t buy the stock because Dangote owns it or because you will make profit. Have an ownership mindset
Buy it because you have studied the business and you are comfortable with the risk.
One thing you expect is that,
this stock will attract enormous attention when it enters the secondary with strong demand, serious speculation.
And because of all these factors, investors analayse the stock can trade significantly above ₦525 after listing.
Iking Ferry view is that ₦3,000 and above is achievable.
But please listen carefully:
Achievable does not mean guaranteed
BUT HERE IS THE BIGGEST MISTAKE YOU CAN MAKE
Don’t look at ₦525 and say:
“It’s only ₦525.”
That is not how you value a stock.
Because….
A ₦500 stock can be expensive.
A ₦5,000 stock can be cheap.
The price of one share is not the value of the company.
You have to look at the number of shares.
You have to look at market capitalisation.
You have to look at earnings.
You have to look at cash flow.
You have to look at growth.
You have to look at debt.
You have to look at the future.
That is what investing means.
U see Dangote Refinery is currently operating at around 650,000 to 700,000 barrels per day, and the company has announced plans to expand capacity to about 1.4 million barrels per day by 2029, with the expansion programme estimated at roughly $14.3 billion.
The refinery also reported $1.82 billion profit in the first half of 2026, after recording a loss in 2025.
Those are serious numbers.
But they also tell us something:
The future expectations are already part of the conversation.
So the question isn’t simply:
“what profit will you make after a year? ”
It may be.
The better question is:
“At ₦525, am I buying this company at a price that gives me enough room for the future risks I am taking?”
That is the investor’s question.
Yes….If you want to invest, invest.
But please:
Don’t invest money you need soon.
If you need the money for your children’s school fees next month…
Don’t put it in the stock market.
If you need the money for rent…
Don’t put it there.
If you borrowed the money…
Please don’t use it.
If you are investing with money you can afford to leave for years, then you can start thinking properly.
If you are a long-term investor, your question should be different:
“Do I want to own part of this business for years?”
“Can I tolerate the price falling?”
“Do I understand the company’s future?”
“Do I believe management can execute?”
Please oooh…
Don’t mix the two.
You cannot enter as a trader and suddenly become a long-term investor 😂 because the price started falling.
And you cannot enter as a long-term investor and start panicking every time the price moves.
My brother do self profiling before you buy o
Know your risk appetite Ooooh.
Know how much of your portfolio you want to put into the stock.
Know when you will reassess your position.
Know whether you want to diversify.
Know whether you are looking for capital appreciation, dividends, or both.
And most importantly:
The profit you can make from stock is not stable because the market is not about Aliko dangotE owns the company.
It is a sensitive matter and in case you want to learn more about stock. So, that you understand the fundamental analysis better. Check this platform for affordable course
Imagine Chapel Hill has two baskets. NIDF means Nigeria infrastructure debt fund and NREIT Means Nigeria real estate investment Trust NIDF basket Chapel Hill takes investors' money and uses it to finance infrastructure projects. The projects/borrowers pay according to their financing arrangements. TRead more
Imagine Chapel Hill has two baskets.
NIDF means Nigeria infrastructure debt fund and
NREIT Means Nigeria real estate investment Trust
NIDF basket
Chapel Hill takes investors’ money and uses it to finance infrastructure projects.
The projects/borrowers pay according to their financing arrangements.
That income ultimately supports the fund’s returns and distributions.
So NIDF is closer to:
“I am financing infrastructure and earning income from the debt.”
NREIT basket
NREIT buys/owns interests in income-producing properties.
Tenants pay rent.
That rental income contributes to the REIT’s income, which can then be distributed to investors.
So NREIT is closer to:
“I am indirectly owning a piece of a portfolio of commercial properties and earning from the property income.”
But there is one VERY interesting similarity
Both can give you regular cash distributions, which is why they can look similar when you’re simply looking at their dividend/distribution history.
But don’t make the mistake of saying:
“Both pay good dividends, therefore they are basically the same.”
They’re not.
The source of the income is different.
NIDF → infrastructure debt financing.
NREIT → real estate/property income.
Nigeria Infrastructure Debt Fund +1
And both are listed on the NGX
This is another reason beginners can get confused.
Nigerian Exchange Group +1
So when you buy them through your broker, they can feel somewhat like buying an ordinary share.
But economically, you’re buying exposure to different underlying assets.
A CSCS account number can be different from another CSCS account number, but a CHN is supposed to identify the investor. CSCS describes CHN as a unique number identifying an investor in the Nigerian capital market. I think the mix up is coming from when you were choosing the stockbroker. If I am getRead more
A CSCS account number can be different from another CSCS account number, but a CHN is supposed to identify the investor. CSCS describes CHN as a unique number identifying an investor in the Nigerian capital market.
I think the mix up is coming from when you were choosing the stockbroker.
If I am getting your question right…
Your friend already had:
Afrinvestor 2.0 account
CSCS Account No. A
CHN A
Then, while subscribing for the Dangote Refinery IPO through the NGX electronic application process, the system appears to have created/assigned:
IPO application
CSCS Account No. B
CHN B right? If it is that so..
That does not automatically mean the IPO money or shares are lost.
I think what is best now is that your friend
Contact Afrinvestor immediately
Email or contact Afrinvestor telling them that:
“I already had a CSCS account and CHN with Afrinvestor. I subsequently subscribed for the Dangote Refinery IPO through the NGX electronic application channel and the application generated a different CSCS account number and CHN. Please confirm which CHN was used for my IPO subscription and ensure that my existing investor identity is properly linked/consolidated.”
Ask them specifically to check the IPO application using the friend’s:
Full name
Existing CHN
Existing CSCS account number
New CSCS account number
New CHN
IPO app
Ask Afrinvestor one very specific question
“Which CHN will receive the Dangote Refinery IPO shares if my application is successful?”
That’s the question I would want answered.
Because the important thing isn’t merely that two numbers exist. We want to establish where the IPO allotment will be credited. Do you get?
There are generally two ways you can place a buy order: 1. Market order You're essentially saying: “Buy it for me at the best available price.” If the share is showing ₦811 but the available seller when your order reaches the market is ₦815, you could be filled at ₦815. 2. Limit order You're saying:Read more
There are generally two ways you can place a buy order:
1. Market order
You’re essentially saying:
“Buy it for me at the best available price.”
If the share is showing ₦811 but the available seller when your order reaches the market is ₦815, you could be filled at ₦815.
2. Limit order
You’re saying:
“I want to buy, but I don’t want to pay more than ₦811.”
If you place a limit order at ₦811, your order should not execute above your specified limit.
But there’s a catch:
You may not get the shares at all.
For example:
Your limit: ₦811
Sellers available: ₦815
Your order waits.
If nobody is willing to sell at ₦811 (or lower), you don’t get the shares.
So in your case
You saw:
₦811
You initiated the purchase.
The market found a seller at:
₦815
Your order was executed.
Difference:
₦815 − ₦811 = ₦4 per share
If you bought 100 shares:
₦4 × 100 = ₦400
So your shares cost ₦400 more than if you had actually been able to buy all 100 at ₦811.
This is called slippage in stock market when the execution price differs from the price you expected, although the exact reason can depend on the order type and broker’s execution process.
Here is a simple answer brother You saw the share at ₦811, but ₦811 was not necessarily the price at which your order was guaranteed to be executed. When you clicked Buy, you were essentially saying: “I want to buy this share.” By the time your order reached the market and matched with a seller, theRead more
Here is a simple answer brother
You saw the share at ₦811, but ₦811 was not necessarily the price at which your order was guaranteed to be executed.
When you clicked Buy, you were essentially saying:
“I want to buy this share.”
By the time your order reached the market and matched with a seller, the available selling price may have moved to ₦815.
So you ended up buying at ₦815.
Think of it like buying tomatoes
You walk into the market and see:
Seller A: ₦811 per basket
You say, “Let me buy.”
But before your purchase is completed, Seller A’s ₦811 baskets are gone.
The next seller says:
“₦815.”
If your order is allowed to execute at the available market price, you get it at ₦815.
That’s basically what can happen in the stock market.
How does the Dangote Refinery IPO 1-extra-share incentive programme work?
Yes, for every ten shares you hold for a year you will receive one. So, holding up to 50 shares for a year means you have 5 bonus
Yes, for every ten shares you hold for a year you will receive one.
So, holding up to 50 shares for a year means you have 5 bonus
See lessShould I Invest in Dangote Refinery Shares or NGX Group Shares for 1–2 Years?
Both company can be good and can be bad because both NGX and dangotE are of different species of stocks. For example, NGX is like mama Ngozi market that sells different goods i.e stock of different company (MTN, nestle, Bua) and the beautiful thing about ngx is that it invest in other company too. NRead more
Both company can be good and can be bad because both NGX and dangotE are of different species of stocks.
For example, NGX is like mama Ngozi market that sells different goods i.e stock of different company (MTN, nestle, Bua) and the beautiful thing about ngx is that it invest in other company too.
Note: NGX makes profit when their activities on the NGX like buying and selling of stocks, public listing fees and other fees thats requires.
And for DANGOTE, it is business share on products which is (Oil and gas) and it market price depends on year on year profit, expansion and more products as regards the future. And buying it is called ownership. For future prospect.
Note: either NGX or DANGOTE
See lessNeither of them is a get Rich quick. It depends on your risk appetite for long term growths and profit
Can I Make a Profit From Dangote Refinery Shares Within One Year?
Holly Springs, First, making profit or loss in buying dangote IPO depends on a lot of factors Now, let me help you understand what you are buying. Study the business. Because once the shares are trading publicly, the market determines the price. Demand determines price. Supply determines price. EarnRead more
Holly Springs,
First, making profit or loss in buying dangote IPO depends on a lot of factors
Now, let me help you understand what you are buying.
Study the business.
Because once the shares are trading publicly, the market determines the price.
Demand determines price.
Supply determines price.
Earnings matter.
Expectations matter.
Interest rates matter.
Investor sentiment matters.
Global oil prices matter.
Refining margins matter.
The Nigerian economy matters.
And sometimes…
psychology matters.
So don’t buy the stock because Dangote owns it or because you will make profit. Have an ownership mindset
Buy it because you have studied the business and you are comfortable with the risk.
One thing you expect is that,
this stock will attract enormous attention when it enters the secondary with strong demand, serious speculation.
And because of all these factors, investors analayse the stock can trade significantly above ₦525 after listing.
Iking Ferry view is that ₦3,000 and above is achievable.
But please listen carefully:
Achievable does not mean guaranteed
BUT HERE IS THE BIGGEST MISTAKE YOU CAN MAKE
Don’t look at ₦525 and say:
“It’s only ₦525.”
That is not how you value a stock.
Because….
A ₦500 stock can be expensive.
A ₦5,000 stock can be cheap.
The price of one share is not the value of the company.
You have to look at the number of shares.
You have to look at market capitalisation.
You have to look at earnings.
You have to look at cash flow.
You have to look at growth.
You have to look at debt.
You have to look at the future.
That is what investing means.
U see Dangote Refinery is currently operating at around 650,000 to 700,000 barrels per day, and the company has announced plans to expand capacity to about 1.4 million barrels per day by 2029, with the expansion programme estimated at roughly $14.3 billion.
The refinery also reported $1.82 billion profit in the first half of 2026, after recording a loss in 2025.
Those are serious numbers.
But they also tell us something:
The future expectations are already part of the conversation.
So the question isn’t simply:
“what profit will you make after a year? ”
It may be.
The better question is:
“At ₦525, am I buying this company at a price that gives me enough room for the future risks I am taking?”
That is the investor’s question.
Yes….If you want to invest, invest.
But please:
Don’t invest money you need soon.
If you need the money for your children’s school fees next month…
Don’t put it in the stock market.
If you need the money for rent…
Don’t put it there.
If you borrowed the money…
Please don’t use it.
If you are investing with money you can afford to leave for years, then you can start thinking properly.
If you are a long-term investor, your question should be different:
“Do I want to own part of this business for years?”
“Can I tolerate the price falling?”
“Do I understand the company’s future?”
“Do I believe management can execute?”
Please oooh…
Don’t mix the two.
You cannot enter as a trader and suddenly become a long-term investor 😂 because the price started falling.
And you cannot enter as a long-term investor and start panicking every time the price moves.
My brother do self profiling before you buy o
See lessKnow your risk appetite Ooooh.
Know how much of your portfolio you want to put into the stock.
Know when you will reassess your position.
Know whether you want to diversify.
Know whether you are looking for capital appreciation, dividends, or both.
And most importantly:
The profit you can make from stock is not stable because the market is not about Aliko dangotE owns the company.
It is a sensitive matter and in case you want to learn more about stock. So, that you understand the fundamental analysis better. Check this platform for affordable course
Which Assets Do NIDF and NREIT Hold for Investors in Nigeria?
Imagine Chapel Hill has two baskets. NIDF means Nigeria infrastructure debt fund and NREIT Means Nigeria real estate investment Trust NIDF basket Chapel Hill takes investors' money and uses it to finance infrastructure projects. The projects/borrowers pay according to their financing arrangements. TRead more
Imagine Chapel Hill has two baskets.
NIDF means Nigeria infrastructure debt fund and
NREIT Means Nigeria real estate investment Trust
NIDF basket
Chapel Hill takes investors’ money and uses it to finance infrastructure projects.
The projects/borrowers pay according to their financing arrangements.
That income ultimately supports the fund’s returns and distributions.
So NIDF is closer to:
“I am financing infrastructure and earning income from the debt.”
NREIT basket
NREIT buys/owns interests in income-producing properties.
Tenants pay rent.
That rental income contributes to the REIT’s income, which can then be distributed to investors.
So NREIT is closer to:
“I am indirectly owning a piece of a portfolio of commercial properties and earning from the property income.”
But there is one VERY interesting similarity
Both can give you regular cash distributions, which is why they can look similar when you’re simply looking at their dividend/distribution history.
But don’t make the mistake of saying:
“Both pay good dividends, therefore they are basically the same.”
They’re not.
The source of the income is different.
NIDF → infrastructure debt financing.
NREIT → real estate/property income.
Nigeria Infrastructure Debt Fund +1
And both are listed on the NGX
This is another reason beginners can get confused.
Nigerian Exchange Group +1
See lessSo when you buy them through your broker, they can feel somewhat like buying an ordinary share.
But economically, you’re buying exposure to different underlying assets.
How Can I Find Unclaimed Dividends From My FCMB Shares?
This should do if followed properly
This should do if followed properly
See lessCan a Dangote Refinery IPO Subscription Create a Second CSCS Account or CHN?
A CSCS account number can be different from another CSCS account number, but a CHN is supposed to identify the investor. CSCS describes CHN as a unique number identifying an investor in the Nigerian capital market. I think the mix up is coming from when you were choosing the stockbroker. If I am getRead more
A CSCS account number can be different from another CSCS account number, but a CHN is supposed to identify the investor. CSCS describes CHN as a unique number identifying an investor in the Nigerian capital market.
I think the mix up is coming from when you were choosing the stockbroker.
If I am getting your question right…
Your friend already had:
Afrinvestor 2.0 account
CSCS Account No. A
CHN A
Then, while subscribing for the Dangote Refinery IPO through the NGX electronic application process, the system appears to have created/assigned:
IPO application
CSCS Account No. B
CHN B right? If it is that so..
That does not automatically mean the IPO money or shares are lost.
I think what is best now is that your friend
Contact Afrinvestor immediately
Email or contact Afrinvestor telling them that:
“I already had a CSCS account and CHN with Afrinvestor. I subsequently subscribed for the Dangote Refinery IPO through the NGX electronic application channel and the application generated a different CSCS account number and CHN. Please confirm which CHN was used for my IPO subscription and ensure that my existing investor identity is properly linked/consolidated.”
Ask them specifically to check the IPO application using the friend’s:
Full name
Existing CHN
Existing CSCS account number
New CSCS account number
New CHN
IPO app
Ask Afrinvestor one very specific question
See less“Which CHN will receive the Dangote Refinery IPO shares if my application is successful?”
That’s the question I would want answered.
Because the important thing isn’t merely that two numbers exist. We want to establish where the IPO allotment will be credited. Do you get?
What Features Should I Look for in a Fintech App for My Small Business?
Well organized
Well organized
See lessWhy Was My Stock Order Executed at a Higher Price Than the Price I Saw?
We are learning together here
We are learning together here
See lessWhy Was My Stock Order Executed at a Higher Price Than the Price I Saw?
There are generally two ways you can place a buy order: 1. Market order You're essentially saying: “Buy it for me at the best available price.” If the share is showing ₦811 but the available seller when your order reaches the market is ₦815, you could be filled at ₦815. 2. Limit order You're saying:Read more
There are generally two ways you can place a buy order:
1. Market order
You’re essentially saying:
“Buy it for me at the best available price.”
If the share is showing ₦811 but the available seller when your order reaches the market is ₦815, you could be filled at ₦815.
2. Limit order
You’re saying:
“I want to buy, but I don’t want to pay more than ₦811.”
If you place a limit order at ₦811, your order should not execute above your specified limit.
But there’s a catch:
You may not get the shares at all.
For example:
Your limit: ₦811
Sellers available: ₦815
Your order waits.
If nobody is willing to sell at ₦811 (or lower), you don’t get the shares.
So in your case
You saw:
₦811
You initiated the purchase.
The market found a seller at:
₦815
Your order was executed.
Difference:
₦815 − ₦811 = ₦4 per share
If you bought 100 shares:
₦4 × 100 = ₦400
So your shares cost ₦400 more than if you had actually been able to buy all 100 at ₦811.
This is called slippage in stock market when the execution price differs from the price you expected, although the exact reason can depend on the order type and broker’s execution process.
See lessWhy Was My Stock Order Executed at a Higher Price Than the Price I Saw?
Here is a simple answer brother You saw the share at ₦811, but ₦811 was not necessarily the price at which your order was guaranteed to be executed. When you clicked Buy, you were essentially saying: “I want to buy this share.” By the time your order reached the market and matched with a seller, theRead more
Here is a simple answer brother
You saw the share at ₦811, but ₦811 was not necessarily the price at which your order was guaranteed to be executed.
When you clicked Buy, you were essentially saying:
“I want to buy this share.”
By the time your order reached the market and matched with a seller, the available selling price may have moved to ₦815.
So you ended up buying at ₦815.
Think of it like buying tomatoes
See lessYou walk into the market and see:
Seller A: ₦811 per basket
You say, “Let me buy.”
But before your purchase is completed, Seller A’s ₦811 baskets are gone.
The next seller says:
“₦815.”
If your order is allowed to execute at the available market price, you get it at ₦815.
That’s basically what can happen in the stock market.