SEC Warns Against Illegal Online Investment Platform in Nigeria

The Securities and Exchange Commission (SEC) in Nigeria issues a public warning against the online investment platform, Voya Invest Management (VIM), for unauthorized operations in the country. VIM falsely claims to offer investment services in Nigerian stock and financial instruments, deceiving the public.

The SEC emphasizes that VIM is neither registered nor licensed to conduct any capital market activities in Nigeria, urging the public to avoid engaging with the platform to prevent financial risks and possible fraud.