Justice Abimbola Awogboro of the Federal High Court in Lagos has remanded three alleged Ponzi scheme operators in prison over their alleged involvement in...
National Assembly has passed the Investment and Securities Bill, which includes provisions for possible jail sentences for those who promote Ponzi schemes in Nigeria....
The House of Representatives has passed for second reading, a bill to repeal the Investments and Securities Act (ISA) 2007 and enact the Investments...
The Securities and Exchange Commission, SEC, has warned the public against dealing with FinAfrica Investment Ltd and Poyoyo Investment. A circular from SEC management...