What’s CBN angry about now? The Central Bank of Nigeria has issued a temporary court order to freeze the bank accounts of these digital stock trading platforms Bamboo, Risevest, Trove, and Chaka for the next six months. Now the question you may want to ask is what happened? Why the hard knock? CBN alleges that … Read more
Digital stock trading company Chaka has laid the groundwork for other digital stock trading platforms by becoming the first startup in Nigeria to receive SEC license for digital stock trading. Chaka has been going back and forth for several months with the Nigerian Securities and Exchange Commission (SEC) regarding regulations; the investment startup has now … Read more
Nigeria Capital market regulator Securities and Exchange Commission (SEC) on April 8, 2021, released a circular issuing a strong warning to both intending investors and unregistered online trading investment companies in Nigeria, which boast of facilitating access to securities and foreign based Investment. In a circular released on the Commission’s website, instructed unlicensed investment platforms … Read more