Aliko Dangote wanted all Nigerians to get involved in the share offer

🌐 Here's What Happened

At least that is what the social media memes would have you believe as investor fever hits the country.

Nigerians have been eager to have a piece of the energy business that was built up by the country's – and continent's – richest man: Aliko Dangote.

More than four billion shares in his giant oil refinery – representing just over 3% of the company - went on the market on Monday in Africa's biggest-ever sale of its kind.

📌 Key Details

The minimum purchase was 10 shares for about $4 (£3) and despite this only representing a miniscule portion of the firm, many are now celebrating and joking about their new-found (part-)owner status.

One popular social media video has a Nigerian narrating how he stopped a speeding Dangote company lorry driver, telling him not to be reckless with company property.

Other memes show investors trying to phone up Dangote to discuss business matters.

And the term "Yangote" – a pun in the Hausa language essentially meaning "we all have a share now" - has been trending on social media.

On the first day of the Initial Public Offering (IPO), investment apps crashed as they could not handle the high demand.

The Bamboo trading platform crashed as so many people tried to buy the shares

📰 Source: BBC Africa