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Ponzi operators risk 10-year jail term, N20m fine – SEC 

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Economy General

Ponzi operators risk 10-year jail term, N20m fine – SEC 

  • by radiodesk
  • April 2, 2025
  • 0 Comments

Promoters and operators of entities engaged in a prohibited scheme is liable to a penalty of not less than N20 million or imprisonment to a term of 10 years or both. Thr Director-General of the Securities and Exchange Commission (SEC),  Dr Emomotimi Agama, said it is one of the provisions of the newly signed Investments

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  • Chetam Nwala Criticizes the Declared State of Emergency in Rivers, Citing Rising Violence and Economic Decline
  • Lyon Demoted to Ligue 2 Over Financial Troubles
  • Nigeria’s Nathaniel Ezekiel Named 2025 NCAA Men’s Outdoor Track Athlete of the Year
  • CAF Announces 2025/26 Champions League and Confederation Cup Schedules
  • NSC Chairman Mallam Shehu Dikko Pledges Support for Nigerian Para Powerlifters Ahead of World and Regional Championships

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