August 21, 2025/SEC Nigeria
The attention of the Securities and Exchange Commission (The Commission) has been drawn to the activities of GVEST GLOBAL, which holds itself out as an Investment Adviser/Fund Manager promoting unregistered investment schemes.
The company Gvest Global is also known and operate under the following names:
- GVEST (ALAUSA) COOPERATIVE MULTIPURPOSE LIMITED
- GVEST INVESTMENT LIMITED
- GTEXT HOLDINGS
The Commission hereby informs the public that neither GVEST GLOBAL nor any of the above named entities is REGISTERED by the Commission either to solicit investments from the public or operate in any capacity in the Nigerian capital market.
Investigations have revealed that GVEST GLOBAL has been actively promoted on social media platforms and online forums. Furthermore, its operations exhibit typical indicators and characteristics commonly associated with Ponzi schemes.
Accordingly, the public is advised to refrain from engaging with GVEST GLOBAL, its associated entities named above or their representatives in respect of any business in the Nigerian Capital Market, as any person who does so is at his own risk.
The investing public is therefore reminded to VERIFY the registration status of companies and entities offering investment opportunities on the Commission’s dedicated portal – www.sec.gov.ng/cmos, before transacting with them.
