Sec

N300.2bn lost to Ponzi schemes, says SEC

The Securities and Exchange Commission (SEC) has revealed that Nigerians lost an estimated N300.2 billion to fraudulent investment schemes in recent years, prompting the Commission to intensify its enforcement and investor protection measures across the financial sector.  Head of Fintech and Innovation Department at the SEC AbdulRasheed Dan-Abu, disclosed this during the 2025 Journalists Academy

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