SEC bans marketing, promotion of Dangote Refinery’s IPO (opens original article in a new tab)

The SEC has prohibited the promotion of a Dangote Refinery IPO, stating no application has been submitted or approved, and ordered the removal of promotional materials and refunds for collected funds.

• SEC banned marketing and promotion of Dangote Refinery's IPO
• No application for the IPO has been filed or approved by the SEC
• SEC ordered removal of promotional materials and refund of funds collected