Nigerians lost N911bn to ponzi schemes in 20 years – SEC
Ilorin, Nov. 14, 2023: Mr Akeem Oyewale, the Deputy Chairman of the Securities and Exchange Commission of Nigeria (SEC), Financial ...
Tag: Ponzi
NDIC builds capacity to step up regulatory actions on Ponzi schemes
The Nigeria Deposit Insurance Corporation (NDIC), says it is constantly building both human and regulatory capacities to meet up with ...
Ponzi schemes, cancer to capital market — SEC
The Securities and Exchange Commission (SEC) has described ponzi scheme as “cancer” bedeviling effective operations of the capital market. The ...
Greedy Nigerians fall victims of Ponzi schemes
Ponzi Schemes, easy money promised through an elaborate network in which participants pool money for individual’s benefit, may have cost ...
SEC frowns at resurgence of Ponzi schemes
The Securities and Exchange Commission (SEC) has frowned at the resurgence of Ponzi schemes and illegal fund managers in Nigeria’s ...
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