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SEC stops Dangote Refinery IPO promotions, warns investors

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SEC stops Dangote Refinery IPO promotions, warns investors

24 Jun, 2026

The Securities and Exchange Commission has directed capital market operators to immediately halt all promotional activities relating to a purported initial public offering by Dangote Petroleum Refinery and Petrochemicals FZE, warning that it has neither received nor approved any application for such an offer. The directive was contained in a public notice issued by the commission on Tuesday amid the circulation of advertisements, flyers, digital banners, and targeted electronic mails promoting a supposed public offering by the refinery.........................READ MORE