The Securities and Exchange Commission (SEC) has vowed to take decisive action against illegal fund operators and prosecute those who refuses to stop their fraudulent activities. Ms Frana Chukwuogor, the Executive Commissioner Legal and Enforcement, Securities and Exchange Commission, said…
The Securities and Exchange Commission (SEC) has begun the technology adoption assessment for registered capital market operators (CMOs). According to the SEC in a circular, on Wednesday, the exercise was to assess the adoption of advanced technologies among registered CMOs.…
Nigeria’s Securities and Exchange Commission (SEC) has issued a public notice cautioning against the activities of Property World Africa Network (PWAN) and its affiliated platform, PWAN MAX, describing their investment solicitations as unauthorised and potentially fraudulent. In a statement released…
The Securities and Exchange Commission (SEC) has uncovered another suspected illegal investment platform identified as TOFRO.COM (Tofro). The commission raised the alarm in a notice issued on Thursday and made available to newsmen. The commission warned Nigerians against falling for…
The Securities and Exchange Commission has warned citizens against companies that claim their registration with the Corporate Affairs Commission (CAC) and the Economic and Financial Crimes Commission (EFCC) empowers them to operate investment schemes. The Director-General of SEC, Dr Emomotimi…
By Seun Ibiyemi The Securities and Exchange Commission (SEC), has called for enhanced collaboration among African markets for a stronger interconnection within the continent as well as development of new products. In a statement made available to Nigerian NewsDirect on…
Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has called for enhanced collaboration among African markets for a stronger interconnection within the continent as well as development of new products. In a statement on Monday in Lagos,…
The Securities and Exchange Commission (SEC) has called on Nigerians to report any suspected illegal investment schemes, reaffirming its commitment to investigating and prosecuting fraudulent operations that threaten the integrity of the capital market. In a public notice issued on…
Nigeria’s Securities and Exchange Commission (SEC) has issued a public warning in response to widespread media reports concerning the operations of CBEX (Crypto Bridge Exchange), a platform now under intense scrutiny for alleged fraudulent activity. CBEX, which operated under the…
Following the sudden collapse of CBEX crypto trading platform, the Securities and Exchange Commission (SEC) has warned celebrities and influencers against endorsing or promoting unregistered digital asset platforms and meme coins. After users lost access to their funds in CBEX,…
