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Showing posts from April 13, 2025

SEC reacts to CBEX operations in Nigeria amid concerns over closure

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  The Securities and Exchange Commission (SEC) has reacted to the operations of CBEX, a digital asset trading platform in Nigeria, saying any of such platform not registered with the SEC is illegal. This comes amidst the rumors of closure of the platforms over the inability of users to withdraw their funds over the weekend. Speaking during a virtual engagement with fintech stakeholders on the Investment and Securities Act (ISA 2025) on Monday, the Director General of the SEC, Emomotimi Agama, warned Nigerians against patronizing unregistered platforms. “Very recently, there has been a post that has gone viral around a particular platform and the activities of such platforms. And of course, the aftermath of it is further news of their closure and all of that.  “In fact, I was tagged in one of those messages. I want to state it very clearly. If it is not registered, it is illegal,”  Agama stated without directly mentioning the platform. Concerns over CBEX  Social media...

Today's Headlines: I’ll Make Decision On Iran Very Quickly – Trump;

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President Donald Trump of the United States on Sunday said that he expected to make a decision on Iran very quickly after both countries said they held positive and constructive talks in Oman on Saturday and agreed to reconvene this week. Speaking with reporters aboard Air Force One, Trump, who has threatened military action if no deal is reached on halting Iran’s nuclear program, said that he met with advisers on Iran and expected a quick decision. The US president, however, did not give details. “We’ll be making a decision on Iran very quickly,” he said. The second round of nuclear talks between the United States and Iran would reportedly take place next Saturday in Rome. DAILY POST reports that the talks held in Oman on Saturday were the first between Iran and a Trump administration, including the US president’s 2017-2021 first term. Trump told reporters on Saturday that the US-Iran talks were going well, adding, “Nothing matters until you get it done, so I don’t like talking about ...