ISB proposes N20m fine for Ponzi scheme operators

SEC laments high level of unclaimed dividends

ISB proposes N20m fine for Ponzi scheme operators …C0NTINUE READING HERE >>> The Securities and Exchange Commission (SEC) says the Investments and Securities Bill (ISB) 2024 is proposing a penalty of not less than N20 million or 10 years imprisonment or both  for Ponzi scheme operators. The Director-General of SEC, Dr Emomotimi Agama, said this … Read more

Why we approved crypto exchanges – SEC

T he Securities and Exchange Commission (SEC)

Why we approved crypto exchanges – SEC …C0NTINUE READING HERE >>> The Securities and Exchange Commission (SEC) on Wednesday, explained that it granted approval-in-principle to two crypto exchanges recently to give Nigerian youths the opportunity for capital market participation. NAN reports that SEC, on Thursday, granted Busha Digital Ltd., and Quidax Technologies Ltd., “approval-in-principle” to … Read more

SEC officially accepts two cryptocurrency firms to operate in Nigeria 

SEC officially accepts two cryptocurrency firms to operate in Nigeria 

SEC officially accepts two cryptocurrency firms to operate in Nigeria  …C0NTINUE READING HERE >>> The Securities and Exchange Commission (SEC), has officially granted operational approvals to several crypto operators, indicating an acceptance of the digital currency. On Thursday, the SEC announced that it had granted approval-in-principle to two Digital Asset Exchanges to begin operations under … Read more

Two cryptocurrency firms granted approval to operate in Nigeria

SEC supports mutual fund with N18.2bn - Official

Two cryptocurrency firms granted approval to operate in Nigeria …C0NTINUE READING HERE >>> The Securities and Exchange Commission (SEC) has granted two  digital assets Exchanges “Approval-in-Principle” to commence operation under the Accelerated Regulatory Incubation Program (ARIP). Ms Efe Ebelo, the spokesperson of the commission announced this in a statement on Thursday in Lagos. According to … Read more