18 results
- 6 Mar 2015
SEC, NFIU to Collaborate to Check Money Laundering, Terrorism Financing
The Securities and Exchange Commission (SEC) and the Nigerian Financial Intelligence Unit (NFIU) of the Economic and Financial Crimes Commission (EFCC) have pledged stronger collaboration to fight…
- 17 Jul 2019
SEC, NFIU Sign Agreement to Tackle Capital Market Fraud
The Securities and Exchange Commission, SEC, Wednesday, signed an agreement with the Nigerian Financial Intelligence Unit, NFIU, to eliminate suspicious transactions from the Nigerian capital market.…
- 30 Apr 2025
NFIU Alerts Nigerians of Rising Ponzi Schemes, Unregulated Crowdfunding Scams
The Nigerian Financial Intelligence Unit (NFIU) issued a detailed advisory on yesterday, warning Nigerians about the growing threat of Ponzi schemes and unregulated crowdfunding scams, particularly…
- 13 Aug 2026
SEC Orders Immediate Freeze of Assets Linked to Six Terrorism Financiers, Three Entities
Securities and Exchange Commission (SEC) has directed capital market operators to immediately freeze the assets of six individuals and three entities designated as terrorism financiers by the Nigeria…
- E-Financial18 Aug 2026
Banks, Others Report 42,082 Transactions to NFIU
Financial institutions in Nigeria filed 42,082 suspicious transactions reports to the Nigerian Financial Intelligence Unit (NFIU) in 2025, as financial institutions stepped up compliance with anti-money laundering regulations amid tighter regulatory oversight.
- 18 Jul 2019
NFIU to Clampdown on Shell Companies
Nigeria Financial Intelligence Unit (NFIU), said it will start crackdown on ghost businesses across the country, amidst concerns about lax regulation of companies’ financial dealings. NFIU, is…
- 28 Sept 2025
SEC Raises Alarm over AI-generated Investment Scams
Securities and Exchange Commission (SEC) has warned Nigerians to beware of a rising wave of artificial intelligence (AI)-driven scams that are targeting unsuspecting investors with promises of…
- 25 Nov 2024
Banks, Others Raise N2.7 Trillion from Capital Market - SEC
Securities and Exchange Commission (SEC) has disclosed that banks and other companies raised over N2.7 trillion from the capital market in recent times. The figure, which includes equity capital,…
- 12 Aug 2026
SEC Directs Operators to Subscribe to NigSac Alerts, Freeze Terrorists-Linked Funds
Securities and Exchange Commission (SEC) has issued an urgent directive requiring all capital market-regulated entities (CMREs) to immediately subscribe to Nigeria’s Sanctions (NigSac) Alerts system.…
- 9 Apr 2025
Nigeria to Exit Grey List Soon – SEC
Nigeria may soon exit the Financial Action Task Force (FATF) grey list, Emomotimi Agama, director-general, Securities and Exchange Commission (SEC), has said. Emomotimi Agama, DG, SEC This is with…
- 9 Jul 2025
Senate Orders Full Probe into N1.3 Trillion CBEX Ponzi Scandal
The Senate Wednesday launched a full-scale investigation into the operations of Ponzi schemes in the country. The development followed the catastrophic collapse of the Crypto Bullion Exchange (CBEX),…
- 10 Mar 2026
SEC Cautions Fintechs of Rising Risks as Digital Finance Expands
The Securities and Exchange Commission Nigeria (SEC) has cautioned fintech operators that while technology can expand access to investment opportunities, it also has the potential to magnify risks if…
- E-Financial16 Aug 2026
SEC Orders Capital Market Operators to Cut Banking, Business Ties with Iran, DPRK
Securities and Exchange Commission (SEC) has directed all capital market regulated entities to terminate correspondent banking relationships and restrict business dealings involving the Democratic People’s Republic of Korea (DPRK) and Iran.
- 27 Oct 2025
SEC Says FATF Delisting will Boost Investor Confidence in Nigeria
Emomotimi Agama, Director General, Securities and Exchange Commission (SEC) has applauded Nigeria’s removal from the Financial Action Task Force (FATF) grey list, describing it as a clear reflection…
- 17 Jul 2026
Tinubu Moves to Protect Nigerians From Crypto Scams With New Executive Order
President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, to strengthen regulation of Nigeria's virtual assets sector through improved collaboration…
- 17 Jul 2026
FG Moves to Crack Down on Crypto Fraud with Virtual Assets Executive Order
President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, introducing a coordinated framework to regulate Nigeria’s fast-growing virtual assets sector,…
- 18 Jan 2017
CBN Bars Banks from Bitcoins, Other Virtual Currencies
Central Bank of Nigeria (CBN), yesterday, banned banks from any transactions in virtual currencies, saying that the move was necessitated by money laundering and terrorism financing risks inherent in…
- 23 Jun 2025
EFCC Drags Cititrust to Court over Unreported ₦200mTransfers
Federal High Court in Lagos has fixed July 1, 2025, for the commencement of trial in a money laundering case involving Cititrust Holdings PLC and three of its subsidiaries. The subsidiaries are…