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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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  • South-South Farmers Seek Inclusion in FG Agricultural Intervention Programme
  • Court Affirms FCCPC’s Power to Probe Airline Ticket Pricing Complaints
  • Lagos LG Chairman Bans Indiscriminate Placement of Banners, Posters
  • FG, NDDC Finalise Plans for $500m Agribusiness Investment Fund
  • Ndume Urges Tinubu to Address Nigerians Directly, Not Through Aides

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