The Securities and Exchange Commission (SEC) has disclosed that Nigerians have lost an estimated N300.2 billion to Ponzi and illegal investment schemes in recent years, sparking intensified enforcement and heightened investor-protection efforts. AbdulRasheed Dan-Abu, Head of Fintech and Innovation at the SEC, revealed the figure during the Commission’s 2025 Journalists Academy in Abuja on Thursday. …
The Nigeria Deposit Insurance Corporation (NDIC) and the Chartered Institute of Bankers of Nigeria (CIBN) have strengthened their collaboration to address emerging risks and challenges within Nigeria’s banking sector. This was made known in a press statement made available to Pinnacle Daily and signed by the Head of Communication and Public Affairs, NDIC, Hawwau Gambo, …
By Esther Ososanya U.S. President Donald Trump is set to sign an executive order Thursday that will pave the way for Americans to invest in alternative assets, including private equity, real estate, and cryptocurrency, through their 401(k) retirement plans, according to a senior White House official. The move could unlock access to the $12 trillion …
