SEC Archives - Biztellers

Dangote Refinery IPO: SEC Warns Investors Against Fraudsters, Fake Platforms

The Securities and Exchange Commission (SEC) has warned prospective investors against fraudsters, fake platforms and unauthorised individuals seeking to take advantage of the Dangote Petroleum Refinery...

NEWS3 months ago

FG Tightens Grip on Crypto as Tinubu Signs New Executive Order

The Federal Government has taken a major step to strengthen oversight of Nigeria’s cryptocurrency and digital assets sector following the signing of a new Executive Order...

NEWS4 months ago

Why SEC Ordered Immediate Refunds Over Dangote Refinery IPO Promotions

The Securities and Exchange Commission (SEC) has explained why it directed capital market operators to immediately refund funds collected from investors in connection with a purported...

Business12 months ago

Crypto Reigns As Nigeria Sees $50bn Trade Volume, SEC Raises Alarm

Nigeria’s cryptocurrency market has continued to surge, recording more than $50 billion in transactions between July 2023 and June 2024, according to the Securities and Exchange...

Crime1 year ago

SEC Raises Alarm Over AI-Powered Fraudulent Investment Platforms

The Securities and Exchange Commission (SEC) has expressed concern over the increasing use of artificial intelligence in fraudulent investment schemes targeting Nigerians. In a statement issued...

Business3 years ago

Binance Is Illegal, Not Regulated, SEC Warns Nigerians

Nigeria’s Securities and Exchange Commission (SEC) has officially deemed the operations conducted by the popular cryptocurrency platform, Binance, as illegal. In a recent statement...

Security and exchange commission Nigeria (SEC)

Business4 years ago

Beware of Tempting Offers from Unregistered Crowdfunding Platforms – SEC

By Edozie Obasi-Eze The general public has been warned to be wary of tempting offers from illegal investment promoters, particularly the crowdfunding platforms offering bogus interest...

SEC Fixes Bond Fees at 0.025% From Jan 1, 2022

NEWS5 years ago

SEC Sets Deadline for Payment of Regulatory Fees

By Edozie Obasi-Eze The Securities and Exchange Commission (SEC) has demanded payment of the annual supervisory due to it fee from all fund managers. A...

NEWS5 years ago

SEC Places Caveat on FinAfrica, Poyoyo Investments

By Edozie Obasi-Eze The Securities and Exchange Commission (SEC) has placed a caveat on FinAfrica Investment Limited and Poyoyo Investments. The Commission, via a circular...