Regulatory Alerts2025-10-07
Public Notice - AFRIQUANTUMX
The Securities and Exchange Commission (SEC) informs the public that AfriquantumX is not registered to solicit investments or operate in the Nigerian capital market. Investigations reveal AfriquantumX is actively promoted on social media and exhibits characteristics of fraudulent Ponzi schemes, prompting the SEC to advise caution as investments are at the investor's own risk. The Commission reiterates that transacting with unregistered entities exposes investors to financial risk and reminds the public to verify registration status on its portal, www.sec.gov.ng/cmos, before investing.
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