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Nigerian SEC Clamps Down On Investment Platforms Offering Foreign Securities - Investment - Nairaland

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Nigerian SEC Clamps Down On Investment Platforms Offering Foreign Securities by Investogist: 2:09pm On Apr 09, 2021
Over the years, Robinhood-like platforms like Bamboo, Trove, Chaka and Rise have sprung forth in the Nigerian financial technology space.

In a circular released by the Nigerian Security and Exchange Commission on Thursday, The SEC directed these firms to stop selling, issuing or offering for sale any foreign securities not listed on any exchange registered in Nigeria.

Read full article at https://investogist.com/nigerian-sec-clamps-down-on-investment-platforms-offering-foreign-securities/
Re: Nigerian SEC Clamps Down On Investment Platforms Offering Foreign Securities by miracle4(m): 4:56pm On Apr 09, 2021
This is madness in its purest form. How can these octogenarians allow Ponzi and useless schemes to thrive while honest platforms such as Bamboo is clamped down. Who invests in Nigerian stocks when you can invest on Tesla, Apples, etc.

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