NEWS
MohBad Was Brought In Dead, Lagos Hospital Releases Statement
Perez Medcare Hospital has issued a statement regarding the passing of singer Ilerioluwa Aloba, known as MohBad.
In an Instagram post on Monday night, the hospital clarified that the artist arrived at the hospital already dead.
Furthermore, the hospital dismissed any false claims suggesting that the singer had been admitted in the hospital.
The statement partly read, “The attention of the management of Perez Medcare Hospital has been drawn to the misleading and false information being circulated in some social media platforms that Mr. Ilerioluwa Oladimeji Aloba (AKA Mohbad) died in our medical facility.
“We consider it pertinent to put on record that at about 04:30pm on the 12th of September 2023, the lifeless body of Mr. Ilerioluwa Oladimeji Aloba (AKA Mohbad) was brought to our medical facility and our medical team immediately sprang into action and after assessment, it was discovered that there was no sign of life, no central or peripheral pulse, no heartbeat, no recordable vital signs and his pupils were fixed and dilated.
“On attempting CPR (Cardiopulmonary Resuscitation), rigor mortis (stiffening of some parts of the body in relation to death) was observed and the persons who brought him to our facility were informed that it was a case of BID (Brought in dead).
“Upon enquiry about the circumstances leading to the emergency, our team was informed that the deceased was being treated at home by a nurse and that she administered injections on him.
“Our team thereafter advised that the body be taken to the nearest Government Hospital where he can be deposited in the morgue.
“Let it be known that Mr. Ilerioluwa Oladimeji Aloba (AKA Mohbad) was not a patient of Perez Medcare Hospital and was never admitted at our hospital at any material time whatsoever.
“Also, the nurse who was said to be administering treatment on him at home is not a staff of Perez Medcare Hospital and the video of the medical facility circulating In the media space in which the late Mr. Ilerioluwa Oladimeji Aloba (AKA Mohbad) is seen alive and receiving treatment is not Perez Medcare Hospital.” It added
The much awaited Africa’s largest Initial Public Offering by the Dangote Petroleum Refinery and Petrochemicals (DPRP) has been formally flagged off on the Nigerian Exchange (NGX).
President and Chief Executive Officer, Dangote Industries Limited (DIL), Aliko Dangote, marked the commencement of the offer by ringing the opening bell at the NGX trading floor in Lagos on Monday.
The transaction marks a significant milestone for Nigeria’s capital market, as the DPRP becomes the first refinery in the Nigerian Exchange’s 66-year history to open its shares to public subscription.
READ ALSO: Dangote Refinery Opens Landmark IPO Today
The offer comprises 4.1 billion new ordinary shares priced at N525 per share, allowing investors to acquire an equity stake in Africa’s largest refinery.
Retail and institutional investors, as well as eligible investors across Africa, can participate in the public offer.
Investors can subscribe for a minimum of 10 shares, requiring an investment of N5,250 at the offer price.
The offer opened on Monday, September 14, 2026, and is scheduled to close on October 13, 2026, subject to the terms and conditions contained in the offer prospectus.
At the ceremony, Dangote highlighted that the public offer was part of a broader effort to expand public participation in owning his companies.
“We will lease every company that we operate,” he said.
The launch attracted prominent dignitaries, including Lagos State Governor Babajide Sanwo-Olu, members of the Dangote family and captains of industry.
The Securities and Exchange Commission (SEC) has warned prospective investors against fraudsters, fake platforms and unauthorised individuals seeking to take advantage of the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO).
The Commission issued the warning in a public notice dated Monday, September 14, 2026, following its approval for the IPO by Dangote Petroleum Refinery and Petrochemicals FZE to open to the public.
The SEC urged investors to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents, subscription channels and platforms.
ALSO READ: Dangote Calls Refinery IPO ‘People’s IPO’ as N2.15tn Offer Opens
The Commission advised prospective investors to obtain information about the IPO only from the SEC’s official channels, the issuer’s official channels and other official channels established and approved for the offer.
It also urged investors to verify the authenticity of any website, platform or link before providing personal or financial information.
According to the SEC, investors should follow only the officially announced subscription or application process and IPO timetable and should “Avoid transferring funds to any person or entity claiming to receive applications/subscriptions outside the approved channels.”
The Commission further advised investors to verify that their chosen registered Capital Market Operator’s channels or platforms for the offer are duly authorised and approved.
The SEC also warned investors to “Avoid responding to unsolicited calls, WhatsApp messages, social media advertisements, emails or other channels/platforms that offer or guarantee allotments or preferential allocation.”
The regulator urged prospective subscribers to carefully read the approved Prospectus and understand the terms, conditions and risks associated with the investment before making any subscription.
SEC warns against fake IPO agents
The Commission stressed that the existence of an individual, company, digital platform or social media account does not, by itself, constitute approval or authorisation to receive applications or funds from investors in respect of the offer.
The SEC therefore advised prospective investors to contact SEC-registered stockbrokers, banks or registered Investment advisers for guidance before subscribing.
The Commission also urged the public to “VERIFY” the registration status of companies, entities, platforms or individuals offering investment opportunities before entering into any transaction with them.
Investors can verify the registration status of operators through the SEC’s dedicated portal for registered fintech operators or through the Commission’s Capital Market Operators platform.
The warning comes as the Dangote Petroleum Refinery and Petrochemicals IPO officially opens on Monday, September 14, 2026, following the Commission’s approval.
The Commission listed its contact details as +2342094621168-9 and [email protected], while its WhatsApp contact is 0916 772 3240.
The SEC urged investors to remain vigilant and rely only on verified and authorised channels throughout the IPO process.
Investor demand for the Dangote Petroleum Refinery and Petrochemicals initial public offering (IPO) has reached a historic level, with subscription activity surging across digital investment channels.
Data released by the Nigerian Exchange (NGX) on its official X handle on Monday showed that total transaction volume had surpassed 402,634, pushing the total subscription value to ₦1,476,171,994,112, approximately ₦1.476 trillion.
The figures, displayed on the #NGXInvest command centre dashboard, highlight the strong appetite among investors for the landmark offering.
More details shortly.
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