Daniel Otera

Dangote IPO: SEC Disowns WayvePay As Offer Runs To October 27

Wayve Microfinance Bank Limited says no investor bought shares in the Dangote Petroleum Refinery and Petrochemicals initial public offering through its WayvePay app. The bank made the claim on Thursday, days after the Securities and Exchange Commission warned Nigerians against investing through the platform. The episode has turned attention to how retail investors are reaching…

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