Lagos, May 2, 2023 – The Securities and Exchange Commission has blacklisted six illegal online trading platforms and warned Nigerians against dealing with them.
A circular issued by SEC on Monday said that the blacklisted firms were not registered with it and unauthorised to carry out such investment services.
“The Commission’s attention has been drawn to the underlisted e-commerce companies and their websites offering online trading platforms to the investing public.
“They are not registered by the SEC Nigeria and the financial services offered by them are also not authorised.
“The blacklisted firms include Prime Invest and Primeinv.co, FXBoxed, New Finance LLC and New Fx Limited, Axi24, Evolve Consulting LCC and Trust Fund- Mining Global Pty Limited,” the circular said.
The Commission advised members of the public to be cautious in dealing with the blacklisted firms. (GBN)
