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‘How to recognise a ponzi scheme’, Securities and Exchange Commission (SEC) DG, Emomotimi Agama

Published

5 months ago

September 3, 2025

BREAKING NEWS: Did You Miss The 400 $ex T4pe of Equatorial Guinea senior official Baltasar Ebang Engonga? Quickly W4tch! Before They Are deleted Be The First Person To See The Full Videos. Now!The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has warned Nigerians to stay alert and be wary of patronising online platforms that promise too-good-to-be-true financial returns.

Agama, who was a guest on Channels Television’s Business Morning on Tuesday, listed some qualities to watch out for to spot an illegal financial scheme.

The SEC DG’s warning comes against the backdrop of illegal financial schemes that have recently scammed Nigerians of their hard-earned money across the country.

“The Federal Government does not want anybody to lose money, and so we are saying that people should be wary.

“First and foremost, if it is too good to be true, certainly it is not true. We must be very cautious. We must read and understand what kind of investment people are talking about.

“But beyond all of that, registration is a hallmark of regulation. So, for any Nigerians who want to be involved in any form of investment, first find out from the firms if they have registered with the SEC. Ask if they have the licence of the SEC, and not that of the Corporate Affairs Corporation.

“The CAC will register your business, but does not register your functionality in the Nigerian capital market. So, the Nigerian capital market licences are issued by the Securities and Exchange Commission and not anyone else.

“You have a lot of schemes that provide unreasonable returns. It is certainly impossible to provide the kind of returns being brandished everywhere, and those are the things that should catch your attention,” Agama said.

“When people promise to give you what ordinarily is not possible, know that such is fraud.

“And it is important that we interrogate people. We should reach out to the SEC. We have most recently issued over 85 notices and advisories to people regarding fraudulent schemes in whatever form. Is it from the real estate angle, from unusual investment schemes…we are saying that if you are engaged in a business that has to do with investment and securities, you are expected to register with the Securities and Exchange Commission,” he added.

Quoting the SEC Act that spoke to the matter, the DG stated, “Section 3(a) of the Investment and Security Act, No.2 2025, strictly speaks to it that the SEC regulates businesses in Nigeria, and so, it is our responsibility as a representative of the federal government to monitor and moderate the business environment.

“Anyone who is involved in such activity and is not registered with the Commission violates the law. And it is important. If you do not understand, please ask questions, and asking questions means reaching out to the SEC.

“The SEC has offices in Lagos, Kano, Port Harcourt, and the head office in Abuja. We are ready 247 to provide this information.”BREAKING NEWS: Did You Miss The 400 $ex T4pe of Equatorial Guinea senior official Baltasar Ebang Engonga? Quickly W4tch! Before They Are deleted Be The First Person To See The Full Videos. Now!

He said the SEC was currently undergoing digitisation that will enable Nigerians to ask questions regarding the Nigerian business environment.

“And as we drive towards this, the SEC is undergoing serious digitisation that will culminate in having a soft code where people can ask questions, and also an SEC app that will enable people to make enquiries online to move the nation forward,” Agama stated.

In March, the Economic and Financial Crimes Commission (EFCC) alerted the public to 58 illegal Ponzi scheme operators.

The EFCC said the companies were neither registered with the Central Bank of Nigeria nor the SEC.

The Commission said it had charged many of the companies to court, with five of them convicted, another five pleaded guilty but are awaiting review of facts, while the rest are pending arraignment.

It said both the SEC and CBN, in separate correspondence, denied they were registered with them.

The illegally operating companies identified by EFCC include Wales Kingdom Capital, Bethseida Group of Companies, AQM Capital Limited, Titan Multibusiness Investment Limited, Brickwall Global Investment Limited, Farmforte Limited & Agro Partnership Tech, and Green Eagles Agricbusiness Solution Limited.

Others were Richfield Multiconcepts Limited, Forte Asset Management Limited, (Biss Networks Nigeria Limited, S Mobile Netzone Limited, Pristine Mobile Network), Letsfarm Integrated Services, Bara Finance & Investment Limited, Vicampro Farms Limited, Brooks Network Limited, Gas Station Supply Services Limited, Brass & Books Limited, (Annexation Biz Concept & Maitanbuwal Global Venturescrowdyvest Limited,) and Crowdyvest Limited.

Also included were Jadek Agro Connect Limited, Adeeva Capital Limited, Oxford International Group, Oxford Gold Integrated, Skapomah Global Limited, MBA Trading & Capital Investment Limited, TRJ Company Limited, Farm4Me Agriculture Limited, Quintessential Investment Company, Adeprinz Global Enterprises, Rockstar Establishment Limited, SU. Global Investment, Citi Trust Funding PLC, Farm Buddy, Eatrich 369 Farms & Food, Globertrot Farmsponsors Nigeria Limited, Farm Sponsors Limited, Cititrust Credit Limited, Farmfunded Agroservices Limited, and Adamakin Investment & Works Limited.

The EFCC also listed Cititrust Holding PLC, Green Eagles Agribusiness Solutions Limited, Chinmark Homes & Shelters Limited, Emerald Farms & Consultant Limited, Ovaioza Farm Produce Storage Limited, Farm 360 & Agriculture Company, Requid Technologies Limited, West Agro Agriculture & Food Processing Limited, NISL Ventures Limited & Estate of Laolu Martins, XY Connect Investment Limited, River Branch Unique Investment Limited, Hallmark Capital Limited, CJC Markets Limited, Crowd One Investment, Farmkart Foods Limited, KD Likemind Stakeholders Limited, Holibiz Finance Limited, Ifeanyi Okpe Oil & Gas Services, Servapps Nigeria Limited, Barrick Gold Mining Company and 360 Agric Partners Limited.BREAKING NEWS: Did You Miss The 400 $ex T4pe of Equatorial Guinea senior official Baltasar Ebang Engonga? Quickly W4tch! Before They Are deleted Be The First Person To See The Full Videos. Now!

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Say Goodbye To These Diseases By Eating Sugarcane Regularly

Published

3 months ago

October 21, 2025

Naijacoaded

Say Goodbye To These Diseases By Eating Sugarcane Regularly

Sugarcane is often enjoyed as a sweet, refreshing treat, especially on hot days.

But beyond its natural sweetness, sugarcane is packed with nutrients and health benefits that can help your body fight off and even prevent several diseases.

Eating sugarcane regularly—or drinking its fresh juice—can be a simple, natural way to boost your health and say goodbye to some common illnesses.

One of the biggest benefits of sugarcane is its ability to support liver health.

Sugarcane juice is a natural detoxifier, helping to flush out harmful toxins from the liver and bloodstream.

It’s especially beneficial for people suffering from jaundice, as it helps restore the liver’s function and maintain the right levels of electrolytes in the body.

Regular consumption can keep your liver healthy and improve digestion.

Sugarcane is also a great friend to your digestive system.

It contains potassium and natural fiber, which help prevent constipation, bloating, and stomach acidity.

Drinking sugarcane juice after meals can improve bowel movements and support the growth of good gut bacteria, making your digestive system stronger and more balanced over time.

Another major health benefit is its positive effect on the kidneys and urinary system.

Sugarcane juice acts as a natural diuretic, encouraging urine flow and helping to keep your kidneys clean.

This can reduce the risk of urinary tract infections and kidney stones.

It also helps maintain proper hydration, which is crucial for kidney function.

For those concerned about infections and low immunity, sugarcane offers a natural boost.

It is rich in antioxidants, such as flavonoids and phenolic compounds, which fight free radicals and strengthen the immune system.

This can help your body ward off infections like colds, flu, and fever.

Lastly, sugarcane supports healthy skin and prevents acne.

Its detoxifying properties clear impurities from the blood, leading to a clearer, glowing complexion over time.

In short, sugarcane is more than just a sweet treat—it’s a natural medicine.

By eating sugarcane regularly or drinking its fresh juice, you can protect your liver, boost digestion, improve kidney health, strengthen immunity, and even achieve healthier skin.

It’s a simple, affordable, and tasty way to say goodbye to several common diseases naturally.

Lifestyle

What Your Urine Color Says About Your Kidney Health

Published

3 months ago

October 21, 2025

Naijacoaded

What Your Urine Color Says About Your Kidney Health

The color of your urine can tell a lot about your kidney health and overall well-being. It is often the first sign that something may be off in your body. Paying attention to it can help you catch problems early.

Clear or light yellow urine is usually a good sign. It means you are well-hydrated, and your kidneys are working properly to filter waste. Drinking plenty of water often leads to this healthy color.

Dark yellow or amber urine may indicate dehydration. Your kidneys are concentrating urine to save water. Drinking more water usually helps return it to a lighter color. However, some vitamins and supplements can also darken urine.

Orange or brown urine can be a warning. It may be caused by certain foods, medications, or liver problems. It can also indicate bile buildup or a kidney issue. If it persists, seeing a doctor is important.

Red or pink urine can be alarming. Sometimes it is caused by eating beets or berries, but it can also indicate blood in the urine. This could result from kidney stones, infections, or more serious kidney problems. Immediate medical attention is advised.

Foamy or bubbly urine may indicate protein in the urine. This can be a sign of kidney damage. Persistent foaminess should not be ignored.

Very dark, almost black urine is rare but serious. It may suggest severe dehydration, liver problems, or a rare kidney disorder. Urgent medical evaluation is needed.

In summary, normal urine color ranges from pale yellow to light amber. Changes in color, especially if persistent, should not be ignored. Monitoring your urine and staying hydrated helps maintain kidney health. If unusual colors continue, it is important to consult a healthcare professional.