Nigeria’s Securities and Exchange Commission, SEC, has warned Nigerians against investing in a platform known as WayvePay.
In a statement at the weekend, the SEC warned the public about the “suspected fraudulent activities of WayvePay.”
According to the commission, the platform is not registered to solicit investments from the public or operate in any capacity within the Nigerian capital market.
“The Commission hereby informs the public that WAYVEPAY is not registered by the Commission to solicit investments from the public or operate in any capacity within the Nigerian capital market,” the commission stated.
