SEC

SEC To Investors:Don’t Invest in Risevest,Stecs Cooperative Societies

The Securities and Exchange Commission (SEC) has advised Nigerians against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa) Multipurpose Cooperative Society,popularly known as Stecs.

January 26, 2025

by Mohammed Shosanya

SEC Blacklists Silverkuun Investment, Warns Nigerians Against Business Transaction

The Securities and Exchange Commission has warned the public against investing in unregistered investment schemes, including Silverkuun Investment Cooperative Society/Silverkuun Limited. The Commission conveyed this In a circular issued in Abuja on

May 28, 2025

SEC

Listed Companies Declared N1.1trn Dividends In 2024 -SEC

The Securities and Exchange Comission (SEC) has said that listed companies declared dividends totaling N1.1trillion to shareholders last year. The Director-General of SEC, Dr Emomotimi Agama, disclosed this at the first quarter

May 25, 2025

SEC

SEC Intensifies Campaign Against Ponzi Schemes

The Securities and Exchange Commission (SEC) is upscaling its fight against Ponzi schemes in Nigeria. It vowed to take decisive action against illegal fund operatorswhile educating the public to prevent further victimization.

May 8, 2025

SEC

SEC Commences Tech Adoption Assessment For Capital Market

The Securities and Exchange Commission (SEC) has begun the technology adoption assessment for registered capital market operators (CMOs). The exercise was to assess the adoption of advanced technologies among registered CMOs,according to

May 7, 2025

SEC

SEC Raises Alarm Over Fresh Investment Scam Platform

The Securities and Exchange Commission has uncovered another suspected illegal investment platform identified as TOFRO.COM (Tofro). It warned Nigerians against falling for their antics to obtain money from them through promise of

May 1, 2025

SEC

SEC Seeks Cooperation Among African Markets On Development

The Securities and Exchange Commission (SEC), has urged cooperation among African markets in order to build a stronger interconnection within the continent and enhance development of new products. Director General of the

April 28, 2025

SEC

SEC Disowns CBEX, Launches Manhunt For Promoters

The Securities and Exchange Commission, has said that Crypto Bridge Exchange also known as CBEX was not granted registration by the Commission at any time to operate as a Digital Assets Exchange.

April 18, 2025

SEC

FG Bans Unregistered Digital Asset Exchanges, Online Forex Platforms

The Federal Government has banned the operations of digital asset exchanges or online foreign exchange trading platforms without formal registration with the Securities and Exchange Commission (SEC) In a statement signed by

April 13, 2025

SEC

Ponzi Promoters Risk 10- Year Jail Term, N20m Fine,Says SEC

Promoters and operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of not less than N20 million or imprisonment to a

April 2, 2025

SEC

Tinubu Signs Investments And Securities Bill 2025 Into Law

President Ahmed Bola Tinubu, has signed intol law the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 29 of 2007 and enacts the Investments and Securities

March 29, 2025

SEC

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