Court fines 21 companies N30m each over investment fraud

The Punch | 29-09-2026 12:35am |

A Federal High Court in Nasarawa has convicted and fined 21 companies N30 million each for operating financial investment businesses without a valid SEC licence. The ruling underscores regulatory enforcement against illegal investment schemes. The companies were penalized for violating securities laws.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.