• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 10, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

SEC To Continue Enforcement Against Ponzi Schemes

by Olushola Bello
3 years ago
in Business
Reading Time: 1 min read
sec
Share on WhatsAppShare on FacebookShare on XTelegram

The Securities and Exchange Commission (SEC), has assured the investing public that it will continue to deploy its enforcement mechanisms including collaboration with other relevant government agencies and stakeholders in its bid to curtail the activities of Ponzi schemes.

Advertisement

This assurance was given by the executive commissioner, operations, SEC, Mr. Dayo Obisan, during an Investor Education Programme for staff of the Federal Road Safety Corps in Abuja, yesterday.

Represented by director, market development department, Mr. Nestor Ikeagu, he said, these promoters of these unscrupulous schemes pose as operators in the capital market to defraud investors of their money with mouth-watering promises of return on investments.

According to Obisan, “this has made it difficult for investors to differentiate between genuine and false investment opportunities. The activities of these Ponzi schemes promoters have posed a huge challenge to the Commission. In combating them, we are working in collaboration with other agencies to nip their activities in the bud.

RELATED

Agusto & Co Rates Heirs Insurance Group’s Life, General Businesses ‘A1’

Agusto & Co Rates Heirs Insurance Group’s Life, General Businesses ‘A1’

4 hours ago
Agama Assumes Office As Acting SEC DG

Leverage Capital Market Opportunities To Raise Funds, SEC Urges Insurers

4 hours ago

“Also, the Commission is working tirelessly to ensure investors are aware of these nefarious activities through investor education programmes. We urge the FRSC to partner with us in the fight against Ponzi schemes by reporting to the SEC anytime such activities are noticed.”

 

Join Our WhatsApp Channel

SendShare10185Tweet6366Share
ADVERTISEMENT
Previous Post

NEPC Urges Sokoto Businessmen To Explore Supports, Access Funds

Next Post

World AIDS Day: UNICEF, AHF Want More Investment In Youths

Olushola Bello

Olushola Bello

You May Like

Agusto & Co Rates Heirs Insurance Group’s Life, General Businesses ‘A1’
Business

Agusto & Co Rates Heirs Insurance Group’s Life, General Businesses ‘A1’

2025/09/10
Agama Assumes Office As Acting SEC DG
Business

Leverage Capital Market Opportunities To Raise Funds, SEC Urges Insurers

2025/09/10
Insurance Firms Begin Self-prescribed Recapitalisation As Minimum Capital Controversy Rages
Business

Guinea Insurance Premium Hits N2.94bn As Shareholders Approve Recapitalisation Plan

2025/09/10
Tourism Ministry, NIHOTOUR Partner To Upskill Tour Operators In Ekiti
Business

‘Travel Agencies’ Group Achieves 50% Self-regulatory Ecosystem’

2025/09/10
United Nigeria Plans Routes Expansion, Signs Agreement For 6 Aircraft With Southwest Airlines
Business

United Nigeria Plans Routes Expansion, Signs Agreement For 6 Aircraft With Southwest Airlines

2025/09/10
Federal Government Plans Abuja Airport Decarbonisation
Business

Federal Government Plans Abuja Airport Decarbonisation

2025/09/10
Leadership Conference advertisement

LATEST

Resident Doctors Mull Nationwide Strike As Ultimatum To Federal GGovernment Expires

JUST-IN: Why We Can’t Sanction Politicians For Early Campaigns — INEC

Owo Church Attack: Court Denies Suspected Terrorists Bail, Fixes Date For Trial

2026 WC Qualifier: NFF Criticises Dessers, Faults Ekong After Super Eagles’ Draw With South Africa

Federal Government Gazettes New Tax Laws, Exempts Small Businesses From Corporate Tax

Ex-Nepal PM Khanal’s Wife Dies After Protesters Set Home Ablaze

JUST-IN: NCAA Bars Pilots From Flying With Unruly Passenger

IAWPA Hails Amb. Iweajunwa For Promoting Goal 9 Of SDGs

Institute Cautions Federal Government Against New Borrowing

Judge Blocks Trump’s Attempt To Sack Federal Reserve Governor Lisa Cook

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.