Abuja, Nigeria – June 27, 2025 — The Securities and Exchange Commission (SEC) has issued a stern warning to the Nigerian public against participating in the activities of the Value Growth Platform, describing it as a potential Ponzi scheme operating without regulatory approval.
In a public advisory released on Thursday, the SEC stated that the platform is not registered with the Commission and has been soliciting funds from the public through deceptive investment promises that carry significant risks.
“The general public is hereby warned that Value Growth Platform is not licensed by the SEC to operate any investment business,” the Commission said. “Its operations exhibit characteristics typical of Ponzi schemes where returns are paid from new entrants’ funds rather than from genuine investment activities.”
The SEC emphasized that it will not hesitate to take necessary enforcement actions against any individual or entity found to be violating investment regulations or endangering the financial security of Nigerians.
Investors were urged to conduct due diligence and verify the registration status of any investment firm through the SEC’s official website or offices nationwide.
The Commission reiterated its commitment to protecting investors and maintaining the integrity of Nigeria’s capital market, while warning that anyone who engages in illegal investment schemes may also face prosecution.
