Business
FinAfrica and Poyoyo are illegal operators, SEC warn Nigerians
The Securities and Exchange Commission (SEC) has warned members of the public not to deal with FinAfrica Investment Limited and Poyoyo Investment (Pilvest) Nigeria Limited.
In separate circulars posted on its website, SEC said both companies are operating illegally without any form of registration by the commission.
SEC described the business of Poyoyo Investment (Pilvest) Nigeria Limited as a “Ponzi scheme”, where returns are paid from other people’s invested sums.
The commission said its attention had been drawn to the electronic and WhatsApp messages being circulated to investors on behalf of Poyoyo Investment (Pilvest) Nigeria Limited.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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