Post by Otuju Earnest (@oTj4991)

22 February 2026

Ellah Lakes Audacious Public Offer Failed!!!

Ellah Lakes Plc announced today, February 20, 2026, that its ambitious ₦235 billion Public Offer failed to meet the minimum subscription threshold required by the Securities and Exchange Commission (SEC).

Despite an extension of the offer period from December 5 to December 19, 2025, and a high-profile "Facts Behind the Offer" presentation at the NGX,

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