SEC Warns: Digital Assets Fraud Threatens Market Integrity in Nigeria

SEC Warns: Digital Assets Fraud Threatens Market Integrity in Nigeria

By Oluwakemi Kindness The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed concern over the growing threat of digital assets fraud, warning that it poses a significant challenge to market integrity and undermines investor confidence. Speaking in Abuja at an event to mark African Union Anti-Corruption Day, themed “Understanding Virtual Assets and Investment Fraud”, Dr. Agama notes that corruption continues to be a major […]

July 11, 2025 3

Economy

Customs Seizes ₦653.9m Undeclared Cash at Kano Airport

By Oluwakemi Kindness In a major crackdown on illicit financial flows, the Nigeria Customs Service (NCS), Kano/Jigawa Area Command, has intercepted over ₦653.9 million worth of undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA). The bust, made during a clearance operation on Monday, 8 July 2025, led to the arrest of three suspects, including Ahmed Salisu, a Ghanaian passport holder arriving from Saudi Arabia via Ethiopian Airlines. […]

July 9, 2025 5

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General

RCMP Lauds Nigeria Customs for Boosting Border Security in West Africa

By Oluwakemi Kindness The Nigeria Customs Service (NCS) has been lauded for its unwavering commitment to safeguarding borders and disrupting transnational organised crime through strategic partnerships and intelligence-driven operations. This is according to the Royal Canadian Mounted Police (RCMP) International Special Services. The recognition follows the recent recovery of 12 luxury vehicles by the RCMP Liaison Office in Lagos, adding to the 53 earlier recovered. This brings the total number […]

May 25, 2025 7 4

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