SEC

January 16, (THEWILL) — Nigeria’s Securities and Exchange Commission (SEC) has issued a public warning against an online investment entity known as the Tunbosayo Okekunle Strategic Alpha Fund (TOSAF), flagging it as a suspected Ponzi-like scheme and urging the...

January 07, (THEWILL) — The Securities and Exchange Commission (SEC) has issued a public warning cautioning investors against doing business with an entity calling itself Voya Investment Management (VIM), saying the firm is not authorised to operate in...

December 29, (THEWILL) — The Securities and Exchange Commission (SEC) has disclosed that Nigerian companies raised over N753 billion through the issuance of Commercial Papers (CPs) between April and October, underscoring growing corporate reliance on short-term debt instruments amid...

December 29, (THEWILL) — The Securities and Exchange Commission (SEC) has disclosed that Nigerian companies raised over ₦753 billion through the issuance of Commercial Papers (CPs) between April and October, underscoring growing corporate reliance on short-term debt instruments amid...

December 10, (THEWILL) — The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) for an order to freeze bank accounts and seize assets belonging to Crypto Bridge Exchange (CBEX) and 25 other defendants,...

December 05, (THEWILL) — The Securities and Exchange Commission (SEC) has warned Nigerians against transacting with an online investment platform, known as Glorious Wealth Fund (GWF). In a statement on Thursday, the SEC said the platform is not registered or...

June 01, (THEWILL) – The Securities and Exchange Commission (SEC) has once again warned of the dangers of Ponzi schemes, highlighting their devastating impact on investor confidence, financial stability and the Nigerian capital market.    This was the central theme of...

April 24, (THEWILL) – The Securities and Exchange Commission (SEC) has issued a fresh warning to Nigerians, urging them to report any suspicious investment schemes for prompt investigation and enforcement. The development comes in the wake of the CBEX investment...

April 15, (THEWILL) – The Securities and Exchange Commission (SEC) has warned Nigerians to steer clear of unregistered digital investment platforms, amid rising concern over the activities of CBEX, a digital asset trading platform, which has reportedly locked users...

April 14, (THEWILL) – The Investment and Securities Tribunal (IST) sitting in Abuja has adjourned to May 12, 2025, for the hearing of a suit filed by the Benue Investment and Property Company Limited (BIPC) against the Securities and...