The Securities and Exchange Commission (SEC) says that Nigeria can unlock up to $500 billion in dormant agricultural and mineral assets if the country formalises the trading of commodities and …
Tag:
Investor Protection
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BusinessCrimeFinance & ServicesRwandaTrade and Commerce
Court Hears Request for Bail in Fraud Case Against Billion Traders FX Founder and Wife
The Gasabo Intermediate Court in Rwanda resumed the high-profile fraud case involving Davis Manzi, founder of the online forex trading platform Billion Traders FX, and his wife, Sophie Akaliza, on …
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BusinessCryptocurrencyEconomyFinance & ServicesINVESTMENTNigeriaTechnology
Nigerian Crypto Companies Face Stricter Rules as SEC Classifies Digital Assets as Securities
The Nigerian Securities and Exchange Commission (SEC) has announced that cryptocurrencies and other digital assets are now officially classified as securities under the new Investments and Securities Act (ISA) 2025. …
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AFRICA NEWSCryptocurrencyFinance & ServicesINVESTMENTNigeriaWestern Africa
SEC Warns Nigerians Against Investing in Unregistered Crypto Platform, Tofro.com
The Securities and Exchange Commission (SEC) has issued a public warning against an online cryptocurrency trading platform, Tofro.com, labelling it as unregistered and potentially fraudulent. The commission described the platform’s …
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Digital EconomyEconomyFinance & Services
SEC warns influencers, bloggers against promoting unregistered schemes
The Securities and Exchange Commission (SEC) has warned Nigerian influencers, bloggers and celebrities to stop promoting unregistered investment platforms, or they will face serious punishment under the new Investments and …