SECjThe Securities and Exchange Commission (SEC) has restated its commitment to collaborating with law enforcement agencies to clamp down on operators of ponzi schemes across the country. John Achile, the SEC’s divisional head of legal and enforcement, made this known at the commission’s Journalists’ Academy 2025 in Lagos, themed ‘The ISA 2025 and The Future […]
Nigerian women have been called upon to avoid impulsive buying and tread carefully while seeking to invest their monies, urging them to shun Ponzi schemes promising high returns. Mrs Titilola Oladejo, a financial and investment expert, made the call at a webinar on Skills and Tools on Practical Financial Advice organised by Mothers United and […]
The Security Exchange Commission (SEC) has said those who initiate and promote Ponzi schemes in Nigeria will face the consequences by being brought to the book. Mrs Efe Ebelo, Head, Corporate Communication of SEC, in a statement, said the commission’s Acting Director-General, Ms Mary Uduk, gave the warning in Abuja on Sunday. Uduk said the […]
Following the rise of Ponzi schemes, and the attendant Internet abuses in the country, the Nigeria Internet Registration Association (NIRA), said it has now established a ‘Law Enforcement Desk’ to handle complaints emanating from domain name related issues. Sunday Folayan, president of NiRA, who dropped the hint, frowned at how Nigerians were being defrauded by […]