ARM One is not listed among the brokers you can buy Dangote Refinary IPO from but the app is live in the purchase of the shares just like investNaija.
Can one still buy from them?
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Not directly, unless ARM One is offering the Dangote Refinery IPO when it officially opens. If Dangote Refinery launches an IPO, you would need to buy the shares through an approved Nigerian stockbroker or issuing house that is participating in the offer. ARM One would need to specifically list theRead more
Not directly, unless ARM One is offering the Dangote Refinery IPO when it officially opens.
See lessIf Dangote Refinery launches an IPO, you would need to buy the shares through an approved Nigerian stockbroker or issuing house that is participating in the offer. ARM One would need to specifically list the IPO in its app for you to subscribe through it.
Before investing:
Confirm the IPO is officially announced.
Check whether ARM One is an approved distribution channel.
Don’t send money to anyone claiming to sell “early” Dangote Refinery shares.
Compare the IPO price and minimum subscription before buying.
Thank you for your reply. ARM is a registered broker and ARM One is their app just like investNaija. The IPO is live on the app but my concern is, it was not listed among the means that you can buy the IPO. Can I still buy through ARM since they are registered?
Thank you for your reply.
ARM is a registered broker and ARM One is their app just like investNaija.
The IPO is live on the app but my concern is, it was not listed among the means that you can buy the IPO.
Can I still buy through ARM since they are registered?
See lessYes, you can potentially subscribe through ARM One if ARM is acting as an authorized receiving agent/broker for the Dangote Refinery IPO. The fact that the IPO appears as “live” inside the ARM One app is a positive indication, but being a registered broker by itself does not automatically mean everyRead more
Yes, you can potentially subscribe through ARM One if ARM is acting as an authorized receiving agent/broker for the Dangote Refinery IPO. The fact that the IPO appears as “live” inside the ARM One app is a positive indication, but being a registered broker by itself does not automatically mean every IPO can be subscribed through them.
See lessBefore paying, I would verify two things:
ARM’s official IPO offer document or announcement lists ARM as a receiving agent/participating broker.
The subscription in ARM One gives you an official application/transaction reference and clearly identifies the Dangote Refinery IPO.
If those checks are confirmed, subscribing through ARM One should be legitimate. If ARM is not listed as a receiving agent for this particular offer, I would contact ARM support first and ask them to confirm that subscriptions made through the app will be accepted by the IPO registrar.
Yes, they are. You can also make your findings by checking the subscription channels issued by the Dangote group
Yes, they are. You can also make your findings by checking the subscription channels issued by the Dangote group
See lessARM is not among the listed securities to purchase the IPO.
ARM is not among the listed securities to purchase the IPO.
See less