ABUJA, Nigeria — The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians against investing in Punisher Coin, also known as $PUN, describing the ongoing presale of …
SEC Nigeria
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CryptocurrencyFinance & ServicesINVESTMENTNigeria
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BusinessEconomyEntrepreneurshipFinance & ServicesINVESTMENTNigeriaTechnology
Gbenga Magbagbeola Charts New Path for Nigerian Investors as He Leads Sycamore Asset Management
Gbenga Magbagbeola, the new Managing Director of Sycamore Investment and Asset Management Limited, says his firm is taking a fresh approach to tackle problems that have made investing difficult for …
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EconomyFinance & ServicesGlobal NewsINVESTMENTMarketsSecurity
Nigeria’s SEC Sets November 2025 for Shift to T+2 Settlement Cycle in Equities Market
The Securities and Exchange Commission (SEC) has officially announced that the Nigerian capital market will adopt a T+2 settlement cycle for all equities transactions, starting November 28, 2025. This marks …
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EducationFinance & ServicesINVESTMENTMarketsNigeria
SEC Warns Nigerians Against Investing in Silverkuun, Labels Company Unregistered and Risky
The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians, advising them to stay away from Silverkuun Investment Cooperative Society and Silverkuun Limited, both of which the …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTMarketsNigeria
Fidelity Bank Denies Insider Trading Allegation Against MD/CEO Nneka Onyeali-Ikpe, Calls Report False and Malicious
Fidelity Bank Plc has strongly refuted a recent report alleging that its Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, was involved in insider trading and used bank funds …
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BusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
SEC: Listed Firms Paid N1.1 Trillion Dividends in 2024 as Market Activity Rises
The Securities and Exchange Commission (SEC) has disclosed that companies listed on the Nigerian Exchange paid a total of ₦1.1 trillion in dividends to shareholders in 2024, with ₦1.0 trillion …
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BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeriaPolicies
Finance Minister Wale Edun Says Capital Market Key to $1 Trillion Nigerian Economy
The Minister of Finance, Mr. Wale Edun, has said Nigeria’s capital market will play a major role in helping the country achieve its goal of becoming a one-trillion-dollar economy. Edun …
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Digital EconomyFinance & ServicesINVESTMENTMarketsPoliciesTechnology
Finance Minister Wale Edun Launches New SEC Website to Boost Capital Market Transparency and Participation
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially launched a redesigned website for the Securities and Exchange Commission (SEC), marking a major step in …
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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 …