Oil
WayvePay says no investor subscribed to Dangote Refinery IPO through its platform
CEII brief
Premium Times reported on 14 Oct 2026: WayvePay says no investor subscribed to Dangote Refinery IPO through its platform.
Read the full story on Premium TimesLast Friday, SEC had warned the public against investing through WayvePay, stating that the platform was not registered to solicit investments from the public or operate in any capacity in the Nigerian capital market.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Premium Times. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
