Officers of the Federal Road Safety Corps (FRSC) have been urged to avoid Ponzi schemes and only invest in entities registered with the regulatory body. The Securities and Exchange Commission (SEC) gave the advice during an investor enlightenment programme tagged…
As the Campaign to create awareness among the youths to further attract them to the capital market gathers momentum, Young Nigerians have been urged to ensure they invest with entities that are registered by the Securities and Exchange Commission (SEC).…
The Securities and Exchange Commission (SEC) says it is engaging with the National Orientation Agency (NOA) as well as regulators of public agencies to curb activities of ponzi scheme operators. A statement by the management of SEC, said the Director…
The Securities and Exchange Commission (SEC) has frowned at the resurgence of Ponzi schemes and illegal fund managers in the country’s financial sector. The Director-General of SEC, Mr Lamido Yuguda, frowned at the development at an enlightenment workshop with the…
By Kayode Tokede The continued activities of Ponzi schemes have been described as a threat to the protection of investors, the functioning of a fair and orderly financial market as well as the development of the economy at large. Director…
