June 14, 2024/ SEC Nigeria In a major boost to the Securities and Exchange Commission’s enforcement activities, Mariam Suleiman, the Chairman and Managing Director of Famzhi Interbiz Ltd, has been sentenced to five years’ imprisonment without the option of fine for defrauding investors of over N2 billion. Justice Inyang Ekwo […]
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SEC Directs CMOs on the Implementation of Enterprise Risk Management
June 14, 2024/SEC Nigeria All Capital Market Operators (CMOs) are hereby directed to implement an Enterprise Risk Management (ERM) framework that conforms to international standards such as the Committee of Sponsoring Organizations of the Treadway Commission (COSO), the International Organization for Standardization (ISO 31000), Financial Action Task Force (FATF) Recommendations […]
SEC Issues Disclaimer on $Davido Meme Coin
June 14, 2024/SEC Nigeria The Securities and Exchange Commission, Nigeria (SEC), in an investor alert released today, June 14, 2024, has advised the general public that investing in meme coins is highly risky and should be done with a full understanding of the associated risk, as meme coins lack fundamental […]
