News Ponzi schemes are illegal under Nigerian law. Securities and Exchange Commission (SEC) by Wale Ademokoya April 22, 2025April 22, 2025 As we continue to promote financial literacy and investor protection, it’s important that we all stay informed and vigilant. Swipe through the flyer to read the relevant section of the ISA 2025 that prohibits Ponzi schemes in Nigeria. FacebookTwitterPinterestLinkedinEmail