Extrasportnigeria

Tag: money

  • SEC decries Nigerian investor preference for Ponzi schemes

    SEC decries Nigerian investor preference for Ponzi schemes

    —

    by

    Pius Ayinor
    in

    The Securities and Exchange Commission has expressed fresh concerns over Nigerians’ appetite for investing in Ponzi schemes despite the availability of safer, regulated investment products. The Head of the Enforcement Department at the SEC, Dr Sa’ad Abdulsalam, made this observation on Thursday at the Capital Market Enlightenment Programme organised for the Capital Market Correspondents Association…