ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, September 19, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • 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
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.

“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.”

Related News

JUST-IN: Dangote Refinery Halts Product Sales To Unregistered Marketers

5 hours ago

Akwa Ibom Looks Beyond Oil, Targets Agric Products For Export

7 hours ago

 

Join Our WhatsApp Channel

SendShare10185Tweet6366Share

Other News Updates

Business

JUST-IN: Dangote Refinery Halts Product Sales To Unregistered Marketers

2025/09/19
Business

Akwa Ibom Looks Beyond Oil, Targets Agric Products For Export

2025/09/19
Business

Equities Extend Gains, Up By N144bn

2025/09/19
Business

Global Aircraft Manufacturer Bombardier Endorses Dangote Refinery

2025/09/19
Business

Nigerian Aviation Regulator Fines Kenya Airways For Consumer Rights Violation

2025/09/19
Business

28m Housing Deficit: Operator Advocates Building 700,000 Homes Annually

2025/09/19
Leadership Conference advertisement

LATEST

Reserved Seats Bill Pursuit For Inclusive Governance, Not Tokenism — Kalu

Tinubu Arrives Kaduna For Ex-Governor Yari Son’s Wedding

Abuja Waste Contractors Threaten Strike Over 9 Months Unpaid Wages

Fubara May Address Rivers People Friday

2025 WAC: Nathaniel Sets New Nigerian Record At Tokyo

Edo Demolishes 4 Houses Linked To Suspected Cultists

NDLEA Loses Cross River Commander 1 Month After Deployment

Cattle Markets Shut In 7 Kwara LGAs

Sokoto Suspends 6 Principals Over Insubordination, Illegal Fees

Police Arrest 4 Kidnap Suspects, Recover 5 Stolen Vehicles In Ebonyi

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.