SEC warns Nigerians against investing in unregistered WayvePay platform

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data-insertion-no-dbg data-code= 19459036 data-block= > Nigeria’s Securities and Exchange Commission, SEC, has actually alerted Nigerians versus buying a platform called WayvePay. 19459178 In a declaration at the weekend, the SEC cautioned the general public about the “presumed deceptive activities of WayvePay.” 19659004 According to the commission, the platform is not signed up to obtain financial investments from the general public or run in any capability within the Nigerian capital market. 19459178 19659005 “The Commission thus notifies the general public that WAYVEPAY is not signed up by the Commission to obtain financial investments from the general public or run in any capability within the Nigerian capital market,” the commission specified. 19459178 Recommended 19459188 Nigeria records world’s greatest diesel cost boost at 82.7 %– UNCTAD < img src= alt= 19459063 loading= 19459056 > Dangote Refinery increases diesel rate days after decrease Fuel cost discount rate: Tinubu govt not reviving aid– Finance Minister, Oyedele 19659008 The SEC’s caution comes amidst the activities of unregistered investment firm in Nigeria, which expose members of the general public to the threat of scams and possible monetary losses.

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19659009 DAILY POST reports that on August 21, the commission, in a notification, cautioned Nigerians versus Gvest Global and 3 associated entities over what it referred to as the promo of unregistered financial investment plans.

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