Tag: SEC

SEC warns investors against crypto platform, Marino FX Ltd.

Aminu Imam
SEC warns investors

…Says it’s not licensed The Securities and Exchange Commission (SEC), has warned investors and the general public against engaging with Marino FX Ltd., which is fraudulently claiming to be an SEC-licensed crypto-currency exchange. In a statement released on Wednesday, on the Commission website, the regulator clarified that Marino FX Ltd is neither registered nor licensed by the SEC to operate in the Nigerian capital market in any capacity, including crypto-currency exchange services. According to the Commission, “Any claim to the public by the company of its registration or license by…

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SEC urges CMOs, stakeholders to collaborate to drive capital market inclusion

Abdul-Azeez Ahmed Kadir

The Securities and Exchange Commission (SEC) has called for a collaborative effort of Capital Market Operators (CMOs) and other stakeholders in the market community to drive capital market inclusion in the country. Dr Lamido Yuguda, the Director-General of the commission, made this known at a Financial Inclusion Webinar organised by SEC in Abuja today with theme: “From Financial Inclusion to Capital Market Inclusion’’. Yuguda, represented by Temidayo Obisan, the Executive Commissioner, Operations of SEC said the webinar would facilitate the cross-fertilisation of ideas among relevant stakeholders to foster access to…

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