Nigerian commission orders halt to marketing for Dangote refinery IPO (opens original article in a new tab)

Nigeria's SEC ordered an immediate halt to the marketing of Dangote Petroleum Refinery's IPO, stating no application has been filed or approved, and warned of sanctions for non-compliance.

• Nigeria's SEC halted marketing for Dangote refinery IPO due to no approved application
• SEC identified social media ads and investment solicitations for the IPO
• Dangote stated no IPO marketing was authorized and called recent reports inaccurate