SEC

Don’t invest in Risevest, Stecs cooperative societies, SEC warns

Securities and Exchange Commission (SEC) has warned the public against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Ltd. and Stecs (Alausa) Multipurpose Cooperative Society. The commission, in a circular issued on Sunday, said that neither…

SEC to intensify clampdown on ponzi schemes in 2025

The director-general (DG) of the Securities and Exchange Commission (SEC), Emomotimi Agama has said that the regulator’s top priority for 2025 is to revamp regulations on investment fraud, also known as ponzi scheme, to enhance detection and accountability. In his…