Tag: Securities and Exchange Commission (SEC)

Gluwa Commits $35m To Indigenously Owned Crypto Exchanges Growth In Africa

Abibat Babalola

Gluwa, a foremost global blockchain company, has announced its readiness to work closely with the Federal Government of Nigeria to create a policy framework that supports the legalization and adoption of cryptocurrencies in Africa’s largest economy. The firm believes cryptocurrencies can play an important role in driving economic growth and financial inclusion in Nigeria with the right policy framework. “Gluwa is committed to driving innovation and growth in the blockchain industry, and we believe that Nigeria has tremendous potential in this area. Our proposals have been sent to the Securities…

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Nigeria blacklists Firm, Leaks Secret, Strategy of Latest Ponzi to Citizens

Gbenga Adeoti

Nigeria has, through the Securities and Exchange Commission (SEC), alerted the investing public that a firm known as Poyoyo Investment (Pilvest) Nigeria Limited is a Ponzi scheme, a front to defraud unsuspecting investors. Platforms Africa reports that SEC, in a circular at the weekend, stated that its attention had been drawn to the electronic and WhatsApp messages being circulated to investors on behalf of Pilvest. READ ALSO: Meet Priscilla, Single-Mum Hawker Who Became Varsity’s First-Class Graduate EXCLUSIVE: DisCos, GenCos’ Investors Fret As Nigeria Begins Assets Sale Review Hours After Platforms…

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