By Adedapo Adesanya Nigeria’s Securities and Exchange Commission (SEC) has said that the Investments and Securities Bill (ISB) 2024 is proposing a penalty of N20 million...
By Aduragbemi Omiyale The federal government has asked Justice Zainab Abubakar of the Federal High Court in Abuja to issue a criminal summons on an alleged...
By Aduragbemi Omiyale Ponzi scheme operators have been promised many sleepless nights and be frustrated out of the capital market. The Director-General of the Securities and...
By Dipo Olowookere The rise in the number of Ponzi scheme operators, especially in the northern part of Nigeria, has been attributed to financial illiteracy. The...
The Securities and Exchange Commission (SEC) has stepped up its regulatory oversight to ensure that promoters of Ponzi schemes in Nigeria face the full wrath of...
By Modupe Gbadeyanka The acting Director General of the Securities and Exchange Commission (SEC), Ms Mary Uduk, has reaffirmed the commitment of her agency to frustrate...
By Dipo Olowookere Many participants of the popular Ponzi scheme called MMM Nigeria were happy as news of return of the programme hit the blogosphere on...
By Modupe Gbadeyanka The Kingsway International Christian Centre (KICC), a London- based organization, of the main church pastored by Mr Matthew Ashimolowo, has refuted the allegation...
By Modupe Gbadeyanka Operators of the controversial Ponzi scheme called MMM Nigeria have announced suspension of payments. A message posted on MMM Nigeria’s website on Tuesday,...
