By Adedapo Adesanya Nigeria’s Securities and Exchange Commission (SEC) has said that the Investments and Securities Bill (ISB) 2024 is proposing a penalty of N20 million or a 10-year jail term or both for Ponzi scheme operators. The Director-General of SEC, Mr Emomotimi Agama, said this at the public hearing of the bill on Thursday […]
SEC Proposes N20m Penalty, 10-Year Jail Term for Ponzi Scheme Operators
