SEC Flags GVEST Global as Ponzi Scheme, Urges Nigerians to Avoid Unregistered Investment Platform August 22, 2025 ABUJA — The Securities and Exchange Commission (SEC) of Nigeria has issued a stern warning to the public, flagging GVEST Global and its associated entities as an unregistered investment platform exhibiting “typical indicators and characteristics commonly associated with … Read more
Retail investors in the Nigerian capital market face significant frustrations due to inefficiencies from registrars and weak regulatory oversight, which undermine confidence and participation. Below is a detailed analysis of these challenges, drawing on available information, including insights from the Nigerian capital market, and guidance on selecting legal representation to address related disputes. Challenges Caused … Read more
Shareholders Urge SEC to Streamline Unclaimed Dividend Process in Nigerian Banks LAGOS, Nigeria — Shareholders in Nigeria’s capital market are intensifying calls for the Securities and Exchange Commission (SEC) to overhaul the unclaimed dividend process in Nigerian banks, as the value of unclaimed dividends has surged to N215 billion, according to a May 2025 report … Read more