EFCC Unveils 58 Fraudulent Investment Schemes Defrauding Nigerians ABUJA – The Economic and Financial Crimes Commission (EFCC) has exposed 58 unauthorized investment platforms operating as Ponzi schemes, deceiving unsuspecting Nigerians and swindling them out of their hard-earned money. According to the EFCC, these companies, disguising themselves as legitimate investment firms, are not recognized by the […]
The Securities and Exchange Commission (SEC) has streamlined the approval process for companies seeking to raise capital in the Nigerian financial market. The approval timeline has been significantly reduced to just 14 days, a major improvement aimed at enhancing efficiency and economic growth. SEC Enhances Capital Market Efficiency Dr. Emomotimi Agama, the Director General of […]
