HomeTagsSEC

Tag: SEC

New Nigerian law proposes 10-year...

New Nigerian law proposes 10-year jail term,...

Impeachment Rocks NUJ FCT Council:...

Impeachment Rocks NUJ FCT Council: SEC takes...

New Nigerian law proposes 10-year jail term, ₦20m fine for Ponzi operators

New Nigerian law proposes 10-year jail term, ₦20m fine for Ponzi operators Securities and Exchange Commission (SEC) has stated that promoters and operators of Ponzi schemes in Nigeria now risk stricter penalties under the newly enacted Investments and Securities Act (ISA) 2025. The new Act proposes a minimum fine of ₦20 million and a prison sentence of no less than 10 years for offenders. The new law marks a major shift in Nigeria’s regulatory framework, empowering the SEC to take decisive action against fraudulent investment schemes that have defrauded millions of...
Dajen Comfort Yakubu -
News

New Nigerian law...

New Nigerian law proposes 10-year jail term, ₦20m fine for Ponzi operators Securities and Exchange Commission (SEC) has stated that promoters and operators of Ponzi...
Dajen Comfort Yakubu -
News

Impeachment Rocks NUJ...

Impeachment Rocks NUJ FCT Council: SEC takes over after 'Vote of No Confidence' The State Executive Committee (SEC) of the Nigeria Union of Journalists (NUJ)...
Maryam Umar -
Nation

Full List: Tinubu...

Full List: Tinubu appoints chairman, board members of SEC President Bola Tinubu has approved the appointment of Mairiga Aliyu Katuka as the Chairman of the...
Neptune Prime -
Opinion

The illegality of...

The illegality of Binance and the countermeasures by CBN, by Abubakar Hassan Gimba In recent times, Nigeria has taken decisive regulatory action against cryptocurrency exchanges,...
Neptune Prime -
Opinion

Why Nigeria is...

Why Nigeria is taking regulatory action against Binance and crypto firms, by Abubakar Hassan Gimba In response to Nigeria's ongoing forex crisis, the government is...
Neptune Prime -
News

GSK Consumer Nigeria...

The Securities and Exchange Commission (SEC) and the Federal High Court have granted approval to Glaxo Smith Kline Consumer Nigeria Plc for its share buyback plan and subsequent delisting from the Nigerian Exchange Limited (NGX).
Neptune Prime -
Opinion

Time to trade...

Violent conflict reigns essentially in the absence of peace, encouraging criminalities such as kidnapping, armed robbery/banditry, rival cult war, and various rebellious activities. These breed a state of insecurity as the situation offers an economic fulcrum for conflict merchants.
Auyo Aisha -
Business & Economy

NCC, NAICOM, SEC,...

NCC, NAICOM, SEC, PenCom to feature in SUPERNEWS Conference on financial inclusion through Fintech SUPERNEWS Nigeria will bring together regulators and experts from the financial...
Maryam Umar -
Crime

SEC closes 3...

SEC closes 3 investment firms over illegal capital market activities The Securities and Exchange Commission (SEC) has sealed the premises of three firms, Oxford...
Gift Luckson -
spot_img

Create a website from scratch

With Newspaper Theme you can drag and drop elements onto a page and customize them to perfection. Try it out today and create the perfect site to express yourself!

Buy Now ⟶