Nigerians uninterested in stocks amid NGX’s 38% 2024 gain
Stock market participation in Nigeria remains extremely low. Of the 5 million Central Securities Clearing System (CSCS) accounts required for ...
Tag: Ponzi Schemes
CBEX wealth chasers, NDIC, and the fate of depositors by Reuben Abati
I was abroad when the CBEX scandal broke: somehow, I tend to be out of town when Nigerians get into ...
SEC issues fresh warning against Ponzi schemes, urges Nigerians to report illegal crypto investment platforms
The Securities and Exchange Commission (SEC) has issued a fresh warning to the Nigerian investing public, urging vigilance against fraudulent ...
Consumer Protection: SEC Nigeria gets tough with influencers/celebrities
Influencers and celebrities have been cautioned by the Securities and Exchange Commission (SEC) not to support or advertise unregistered financial ...
Nigerian Crypto industry endorses bill proposal to jail Ponzi operators
The Nigerian cryptocurrency industry has applauded a fresh proposal to clamp down heavily on operators of Ponzi schemes and other ...
Crypto scammers now prefer Pig Butchering scams over Ponzi schemes - Report
In the past year, Crypto scammers have pivoted away from running large and complex Ponzi schemes to favouring more targeted ...
Why do Nigerians fall for Ponzi schemes every time?
The nature of Ponzi schemes is often rooted in the desire to make quick money or easy gain.
EFCC flags Racsterli, MMM, others as Ponzi schemes
The EFCC declared Racsterli, MMM, Galaxy, and Brad Crash Ponzi schemes used to defraud the public
86FB: Why Nigerians keep investing in Ponzi schemes
Despite the SEC's countless warnings against the activities of promoters of fraudulent schemes, many seem to continue to fall victim...
SEC expresses worry over resurgence of Ponzi schemes, illegal fund managers
The Securities and Exchange Commission (SEC) has expressed serious concern over the resurgence of Ponzi schemes and illegal fund managers ...
