SEC to Roll Out USSD Code in Fight Against Ponzi Schemes

7 Financial red flags Nigerians ignore until it’s too late

Early warning signs often appear but go unnoticed amid busy lives and day‑to‑day pressures. From recurring small fees to unchecked borrowing and overreliance on informal credit, these warning signs can erode financial health long before a crisis strikes. Spotting red flags early lets you adjust habits, secure assistance, and avoid painful setbacks.   RECOMMENDED: 6 Budgeting myths Nigerians need to unlearn in 2025 Below are 7 common financial wa…

SEC to roll out USSD code in fight against Ponzi schemes

To clamp down on unregistered investment schemes and tackle the spread of Ponzi operations, Nigeria’s Securities and Exchange Commission (SEC

SEC Director General To Deliver Keynote Address At The Comercio Economic Outlook Conference

The Director General of the Securities and Exchange Commission (SEC) has been confirmed as the keynote speaker at the upcoming Comercio Economic Outlook conference, signaling the event’s importance and the regulator’s support for forward-looking economic discourse in Nigeria. The announcement underscores the SEC’s commitment to engaging with the broader financial and investment community at a [...] Source from InfoStride News

7 Investment Platforms That Have Been Exposed as Ponzi Schemes by SEC

In 2025, Nigerians have continued to fall into the trap of flashy online platforms promising fast money. Many of these platforms claim to offer smart investment opportunities, but in reality, they’re just Ponzi schemes, set up to collect money from new users and pay old ones, until everything crashes. The Securities and Exchange Commission (SEC) … The post 7 Investment Platforms That Have Been Exposed as Ponzi Schemes by SEC appeared first on Bu…

SEC Cautions Nigerians Against Investing in Pocket Option - Tech

The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians, urging them to stay clear of Pocket Options, a platform acting as an investment adviser and fund manager without regulatory approval. In an official statement, the SEC revealed that Pocket Option is neither registered nor licensed to operate in Nigeria’s capital market. Worse still, investigations reveal that its exhibitions show traits of fraudulent Ponzu sch…

How Credit Guarantees Can Rescue Nigerians from Ponzi Schemes and Drive MSME Growth

As Nigerians continue to grapple with economic hardship and rising desperation for quick wealth, Ponzi schemes have become a recurring trap, preying on financial illiteracy and false hopes. But there is a credible pathway to wealth creation — and it lies not in get-rich-quick platforms, but in structured credit systems backed by guarantees, according to …