The Securities and Exchange Commission (SEC) has issued a stern warning to Nigerians against engaging with Risevest Technologies Limited, a firm that presents itself as a Digital Dollar/Fund Manager in the Nigerian capital market.
In a public notice released by the Commission on Tuesday, SEC declared that Risevest is not registered to operate in any capacity within the country’s regulated capital market.
The public notice read, “The attention of the Securities and Exchange Commission (“The Commission”) has been drawn to the activities of Risevest Technologies Limited, which holds itself out as a Digital Dollar/Fund Manager in the Nigerian Capital Market.
“The Commission hereby notifies the public that Risevest Technologies Limited is NOT Registered by it to operate in any capacity in the Nigerian Capital Market.
“Accordingly, the public is advised to refrain from engaging with Risevest Technologies Limited or any of its representatives in respect of any business pertaining…
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