Business

SEC Nigeria launches redesigned website, warns against fraudulent Investment platforms

Keep up with the latest news and be part of our weekly giveaways and airtime sharing; follow our WhatsApp channel for more updates. Click to Follow us

The Securities and Exchange Commission (SEC) Nigeria has unveiled its newly redesigned website, a move the regulator says will strengthen digital engagement, promote transparency, and safeguard investors in the country’s capital markets.

The launch, announced on Monday, underscores the Commission’s push to modernize its operations and make financial information more accessible.

According to the SEC, the revamped platform features a modern, mobile-responsive interface, streamlined navigation, and consolidated resources tailored to investors, market operators, and the general public.

“This digital advancement is a significant step in building a more transparent and accessible Commission,” said SEC Director-General Emomotimi Agama. “It enhances our engagement with the capital market and the investing public, and reflects our dedication to continuous improvement in service delivery and communication.”

The website introduces new tools to improve user experience, including simplified menus, consolidated regulatory resources, and mobile optimization for seamless browsing on all devices.

Executive Commissioner for Corporate Services, Samiya Usman, explained that the redesign was designed with functionality in mind. “By simplifying access and logically organizing content, we have created a powerful platform that supports our mission to develop and regulate a fair, efficient, and transparent capital market,” she said.

The SEC urged market participants and the public to explore the platform for regulatory updates, market news, and investor services.

Crackdown on Fraudulent Schemes

The website upgrade comes as the Commission intensifies its crackdown on fraudulent investment schemes preying on Nigerians’ hunger for quick returns

In 2025 alone, the SEC flagged multiple platforms for operating illegally without registration or regulatory approval. Among those identified are:

GVEST Global – recently declared a Ponzi scheme.

Pocket Option – falsely marketed as an investment adviser and fund manager.

Forsman & Bodenfors LTD (F&B) – misleadingly claiming affiliation with a Swedish advertising firm.

Crypto Bridge Exchange (CBEX) – linked to massive investor losses.

Sapphire Scents Limited – promoting unregistered fund management schemes.

The regulator stressed that these entities are not licensed to solicit funds or provide investment services in Nigeria. “Investors engaging with these entities do so at their own risk,” the Commission warned.

This enforcement drive is part of the SEC’s broader strategy to safeguard market integrity under the newly enacted Investments and Securities Act (ISA) 2025. The law expands the Commission’s oversight over Ponzi schemes and strengthens enforcement mechanisms to hold promoters accountable

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post

Wisdom Engraced

Recent Posts

Ronaldo or Messi? Pjanic Reveals Who Stands Out For Him

Keep up with the latest news and be part of our weekly giveaways and airtime…

11 hours ago

Atiku Raises Fresh Questions Over NNPCL’s Massive Security Spending

Keep up with the latest news and be part of our weekly giveaways and airtime…

11 hours ago

Nigeria’s Secret Service: Analyst Makes Strong Claim About DSS Boss

Keep up with the latest news and be part of our weekly giveaways and airtime…

11 hours ago

2027: Kebbi Accord Guber Candidate Reveals His Plan To Use Islam To Tackle Banditry

Keep up with the latest news and be part of our weekly giveaways and airtime…

12 hours ago

Mining Site Attack: What Happened In Plateau Hours Into The Night

Keep up with the latest news and be part of our weekly giveaways and airtime…

20 hours ago

Osun: Court Makes Fresh Order Over State Government Accounts

Keep up with the latest news and be part of our weekly giveaways and airtime…

20 hours ago