FG shuts down Fintechs making foreign stocks available for Nigerians
Lamido Yuguda, SEC DG OBINNA EZUGWU The federal government has declared the activities of Fintech companies such as Bamboo and Trove, which give Nigerians real-time access to invest in or trade over 3,500 stocks listed on the American and Nigerian exchanges, as illegal. The Security and Exchange Commission, in a post titled “Proliferation of Unregistered Online Investment and Trading Platforms…
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