Wayve Microfinance Bank, operator of the WayvePay digital banking platform, has clarified its involvement with the Dangote Petroleum Refinery and Petrochemicals IPO after the Securities and Exchange Commission (SEC) warned the public against buying the IPO through WayvePay. The bank said it is engaging with the SEC and other regulators to address the issues and clarify the circumstances. The SEC's notice had cautioned the public about the platform.
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