Press Release: Nigeria’s Securities & Exchange Commission warns Nigerians not to invest in FinAfrica Investment Ltd (Chinmark Group)

The regulatory body for the country’s financial sector, the Securities and Exchange Commission whose mandate is to examine applications from companies seeking to raise capital from the capital market and recommend the timing of such issues to prevent issues clustering which could overstretch the market’s capacity has declared popular Investment firm (Chinmark Group), an illegal operator.

In its press release on December 25th, the Commission explained that FinAfrica is not registered with the Commission and anyone doing business with the organization, is doing so at their own risk as their operations are illegal.

Press release and link to SEC website below:

https://sec.gov.ng/activities-of-finafrica-investment-limited-chinmark-group/?fbclid=IwAR0-Z0JA6FdY8RDj4vrrfJ_Q0-gebDdZa1zju2ItnAKV7po1xB2ib27Bs3k

Press Release: Nigeria's Securities & Exchange Commission warns Nigerians not to invest in FinAfrica Investment Ltd (Chinmark Group) 4

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