cashlurd:
SEC should be bold enough to call their names! They should stop generalizing these issues. There is no information passed here. Just a normal memo m

chrisxxx:
I wish I listened when they warned against MBA.

The5DME:
no let me regret why I follow you ooh.... Comment reasonable things na

GeneralPula:
99% of those platforms are on Telegram, scamming people..

Invest in any platform on Telegram at your own peril..

JubrinElSudan:
No matter how good a trader is, once he starts collecting money from investors to trade and pay them percentage , he will really crash. We dey solve one matter like that for one WhatsApp group. All of a sudden Oga send investors sms say CBN ban on crypto-related bank transactions go affect payment for that month, na from one police case to another he dey enter from investors wey invest millions millions with am. If you Sabi trade forex, just trade on your own with your own money, if you make $10k , you know say na your money, no pressure whatsoever

lkillbrokehoes:
Honestly anyone that still falls for pyramid schemes or any other money doubling investment should have him/herself to blame, the thing is that Nigerians are naturally gullibyand greedy, they want to make quick money that's why they fall into this kind of scams and SEC isn't doing the right thing to curb these fraudsters.

Genesiis:
Maxwell Odum of MBA is a thief and need to be behind bars

inoki247:
Dem Rasterli nd co

Neyoohpompy:
You sounded like a fool boy. Cryptocurrency is a x50 investment and this same sec or whatever cbn still issue shit notice. Well, if you wanna invest in crypto and make your life better..chat me up. Get a life

lkillbrokehoes:
Telegram is a hub of scammers, I can't remember how many times I've been scammed there with my hard earned money gone, 99% of investment and currency exchange groups there are all scams.

OjukuwuHusband:


[s]That's because you're a nairaland "alpha mail" ret@d a greedy mofo looking for high returns with less than $1k....fvckin flatin0 pikern[/s]

cashlurd:
SEC should be bold enough to call their names! They should stop generalizing these issues. There is no information passed here. Just a normal memo m

ogubolokento:
Stupid sec after causing the death of many nigerians your here talking now, where was sec when MBA and others frustrate us?

Buzx:


How many reasonable thing you don comment?

lkillbrokehoes:
You type like a deranged, fustrated, brainless person, sorry. I have other important things to do than exchanging words with a low life cretin like you, bye.

lalasticlala:
SEC NIGERIA

Proliferation of Unregistered Online Investment and Trading Platforms Facilitating Access to Trading in Securities Listed in Foreign Markets

08/04/2021.

The attention of the Securities and Exchange Commission (the Commission) has been drawn to the existence of several providers of online investment and trading platforms which purportedly facilitate direct access of the investing public in the Federal Republic of Nigeria to securities of foreign Companies listed on Securities Exchanges registered in other jurisdictions.

These platforms also claim to be operating in partnership with Capital Market operators (CMOs) registered with the Commission. The Commission categorically states that by the provisions of Sections 67-70 of the Investments and Securities Act (ISA), 2007 and Rules 414 & 415 of the SEC Rules and Regulations, only foreign securities listed on any Exchange registered in Nigeria may be issued, sold or offered for sale or subscription to the Nigerian public.

Accordingly, CMOs who work in concert with the referenced online platforms are hereby notified of the Commission's position and advised to desist henceforth. The Commission enjoins the investing public to seek clarification as may be required via its established channels of communication on investment products advertised through conventional or online mediums.

Signed Management