FG warns against investing in Davido's crypto token, "Timeless Davido" ($DAVIDO), citing high risk. SEC emphasizes the speculative nature of meme coins, advising caution due to lack of regulatory oversight. Investors urged to carefully consider implications before engaging with such digital...
Nigeria's Securities and Exchange Commission (SEC) has proposed significant amendments to the regulations governing platforms offering cryptocurrency services.
The suggested changes include a substantial increase in the registration fee for crypto exchanges from 30 million naira ($18,620) to...
The former Director General (DG) of the Securities and Exchange Commission (SEC), Mounir Gwarzo, on Tuesday during the House of Representatives Investigative Hearing on his suspension faulted the public service rule quoted by the Minister of Finance in his letter of suspension. Reading from the...
Abdul Zubair , Acting Director- General, SEC The closing date for the free e-dividend registration sponsored by the Securities and Exchange Commission has again been extended to February 28. SEC in a statement said the extension became necessary to allow more shareholders participate in the...
The Security Exchange Commission, SEC, has announced that it has sealed up the offices of Yuan Dong (YDEC) for running an unacceptable investment operation in the country.
YDEC encourages investor to deposit between N10,000 to N240,000 with them and promised a daily profit of N80 and N2,400...
The Securities and Exchange Commission issued fresh warning to Nigerians against patronising the ponzi scheme, MMM Nigeria.
The scheme, which was suspended by its operators in December last year, had commenced operations on Friday.
MMM had directed its members to provide ‘help and get help,’...
The Court of Appeal Court in Lagos has quashed the appeal of the Security and Exchange Commission (SEC), challenging a lower court’s ruling nullifying the removal of Ndidi Okereke-Onyiuke as Director-General of Nigeria Stock Exchange.
Justice Mohammed Idris of a Federal High Court in Lagos, had...
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