SEC Archives

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...

Crime7 months 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

NEWS4 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...

NEWS4 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...

Finance11 years ago

Nigeria’s investments in mutual funds hit N174bn

ABUJA-The total value of mutual funds investment rose by N23.67bn or 15.7 per cent at the end of 2014. At the end of trading in 2013,...

Finance11 years ago

SEC extends recapitalisation deadline for market operators

ABUJA-The Securities and Exchange Commission has extended the deadline for the re-capitalisation of capital market operators by nine months to September 30, 2015. The commission made...