Regulatory Alerts2025-03-06
Illegal Operator Alert – Provest
The Nigerian Securities and Exchange Commission has issued an alert declaring Promiseland Estates Limited and Promiseland Building & Construction Limited as unregistered entities operating illegally in the capital market. The regulator specifically warns investors against patronizing their PRO-VEST scheme and advises the public to refrain from engaging with these companies or their representatives for capital market business. Investors are reminded to verify the registration status of all investment service providers on the Commission’s official portal before transacting to mitigate fraud and potential financial loss.
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