The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and 25 other …
SEC
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InvestmentNews
SEC Warns Nigerians against investing in AfriquantumX, says ‘it has Ponzi Scheme Features’
by Reporterby Reporter 1 minutes readThe Securities and Exchange Commission (SEC) has warned Nigerians against investing in AfriquantumX, an online platform claiming to trade cryptocurrency and stocks. In a statement on Tuesday, the …
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President Muhammadu Buhari has asked the Senate to confirm Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC). His request was contained in a letter read …
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News
NFIU Set To Deal With Registered Biz Without Physical Addresses
by Damilare Salami 2 minutes readThe Nigeria Financial Intelligence Unit, NFIU, has announced an upcoming crackdown on ghost businesses across the country, amidst concerns about lax regulation of companies’ financial dealings. The head of the …
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After over a year of forensic audit, the Securities and Exchange Commission (SEC) has concluded investigation of Oando Plc and barred the Group Chief Executive Officer, Mr Wale Tinubu , …
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The former Director-General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, was on Tuesday arraigned on a five-count charge for alleged fraud. Mr Gwarzo was arraigned by the Independent …
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News
Real Reasons DG of SEC was Suspended by Kemi Adeosun
by Arinze Agoby Arinze Ago 8 minutes readJust before 5:00 p.m. on Wednesday evening, selected journalists got mails from the finance ministry of an impending ‘news break.’ “Kindly await a major news break from the Federal Ministry …
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Business
SEC to prosecute investors using false identity for share subscription
by Arinze Agoby Arinze Ago 2 minutes readThe Securities and Exchange Commission, SEC, on Wednesday warned that it would henceforth prosecute investors using a false identity for share subscription. The Director-General of the Commission, Mounir Gwarzo, stated …
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BrandsBusiness
Ponzi Scheme: EFCC, SEC jointly declare total war against MMM
by Reporterby Reporter 1 minutes readThe Economic and Financial Crimes Commission, EFCC, and the Securities and Exchange Commission, SEC, on Thursday vowed to clamp down on fraudulent operators in the Nigerian capital market. Ibrahim Magu, …
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Business
Beware of Bitcoin, Swisscoin, others – SEC tells Nigerians
by Arinze Agoby Arinze Ago 2 minutes readThe Securities and Exchange Commission, SEC, on Thursday said its attention had been drawn to radio advertisements and other modes of solicitations of the public to invest in cryptocurrencies such …

