4 results
- 17 Mar 2021
CBN Probes Failed MBA Forex Scheme with N171Bn
Central Bank of Nigeria (CBN) has said that the MBA Forex Trading and Capital Investment company received in its account, a total of N171,128,219,041 made by 125,397 investors. The MBA forex scheme…
- 5 Apr 2020
SEC Moves to Prosecute, Close Down Ponzi Schemes
Securities and Exchange Commission (SEC) has stepped up its regulatory oversight to ensure that promoters of Ponzi schemes in Nigeria face the full wrath of the law and their entities quickly sealed…
- 27 Mar 2020
SEC Lists Ponzi Schemes, Warns Nigerians
Securities and Exchange Commission (SEC) said it has observed the proliferation of the operation of unlawful/unlicensed investment schemes, with promises of huge, but unjustifiable returns on…
- 28 Jun 2020
SEC Disclaims iBSmartify Nigeria, Warns Investors
Securities and Exchange Commission (SEC), has disclaimed the activities of iBSmartify Nigeria, and warned Nigerians to desist from patronizing the firm or any of its products. SEC said that the…