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SEC Warns Nigerians Against Investing in Unregistered WayvePay Platform
The regulator said the platform operates on a website, social media and a mobile app, warning unregistered investment schemes can expose investors to fraud and losses.
Nigeria’s Securities and Exchange Commission, SEC, has warned Nigerians against investing in a platform known as WayvePay. In a statement at the weekend, the SEC warned the public about the “suspected fraudulent activities of WayvePay.” According to the commission, the platform is not registered to solicit investments from the public or operate in any capacity […]
SEC warns Nigerians against investing in unregistered WayvePay platform