SEC

Scam: SEC Moves To Seize N1.3Trn CBEX’s Money

The Securities and Exchange Commission (SEC) is seeking the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and other defendants with commercial banks and financial institutions across Nigeria. SEC made
December 10, 2025

Nigeria’s Non-interest Capital Market Hits N1.6trn -SEC 

Nigeria’s non-interest capital market has grown to a valuation of over N1.6 trillion, underscoring its expanding role in deepening financial inclusion and supporting infrastructure development, Dr. Emomotimi Agama, the Director-General of the
November 6, 2025

Nigeria’s Cryptocurrency Transactions Hit $50bn

Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC), has disclosed that over $50 billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and June 2024. He
October 26, 2025

Beware Of AI-Generated Investment Scams, SEC Warns

The Securities and Exchange Commission (SEC) has warned Nigerians to beware of the spate of artificial intelligence (AI)-driven scams that are targeting unsuspecting investors with promises of guaranteed profits and fake celebrity
September 28, 2025

SEC Nigeria Clears Air On First Holdco Transaction

The Securities and Exchange Commission (SEC) has clarified its role and actions concerning the recent First Holdco Transaction. It said the “no objection” approval given to the transaction was fully compliant with
July 24, 2025

CBEX Remains Banned, SEC Insists

The Securities and Exchange Commission (SEC) says CBEX (Crypto Bridge Exchange), operated by ST Technologies International Ltd—also known as Smart Treasure or Super Technology—remains banned from operating in Nigeria. The Commission conveyed
June 11, 2025

Don’t Invest In $PUN, SEC Warns

The Securities and Exchange Commission (SEC) has warned Nigerians against investing in the cryptocurrency known as Punisher Coin, or $PUN. This is due to its unauthorized presale and lack of regulatory approval,
June 9, 2025
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