NGSEC Fines Database | Securities and Exchange Commission, Nigeria Enforcement Actions
Track Securities and Exchange Commission, Nigeria (NGSEC) fines and enforcement actions from 2021-2025. Current totals are loaded from the live evidence view. Complete database with stats, trends, and analysis.
Coverage Snapshot
- Regulator: Securities and Exchange Commission, Nigeria
- Jurisdiction: Nigeria
- Tracked period: 2021-2025
- Tracked actions: 74
- Latest tracked action: 2025-10-18
- Default currency: GBP
Use This Data
Open the live RegActions workspace to filter the source records, inspect related firms, compare breach themes, and export the evidence for compliance or board reporting.
Country risk report: Nigeria →
Largest enforcement actions
| Firm or individual | Date | Amount | Breach category | Source |
|---|---|---|---|---|
| Cases Before the Administrative Proceedings Committee (June, 2020 to September, 2020) | 16 Sep 2020 | £517,484 | Cases Before the APC (06/20-09/20) | Notice |
| Cases Before the Administrative Proceedings Committee (February, 2016 to May, 2020) | 16 May 2020 | £517,484 | Cases Before the APC (02/16-05/20) | Notice |
| Ponzi: Court Sets March 16 for Trial of Vektr Capital & 2 Ot | 13 Feb 2023 | £436,590 | Ponzi: Court Sets March 16 for Trial of Vektr Capital & 2 Ot | Notice |
| Recent Litigation Cases (September, 2009 to Present Day) | 2 Jun 2025 | £122,500 | Recent Cases (09/09-Present) | Notice |
| Activities Of Poyoyo Investment (Pilvest) Nigeria Limited | 24 Dec 2021 | £490 | Activities Of Poyoyo Investment (Pilvest) Nigeria Limited | Notice |
| Ponzi: Famzhi Boss Jailed Five Years for Investment Scam | 19 Jun 2024 | — | Ponzi: Famzhi Boss Jailed Five Years for Investment Scam | Notice |
Amounts are normalised to GBP for comparison.
Frequently asked questions
What is the largest NGSEC fine?
The largest NGSEC fine currently recorded by RegActions is £517,484, issued to Cases Before the Administrative Proceedings Committee (June, 2020 to September, 2020) on 16 Sep 2020 by the Securities and Exchange Commission, Nigeria. This reflects amounts that have passed RegActions' amount-review gate; see the NGSEC fines database below for the complete, source-linked list.
How can I verify a NGSEC fine?
Start with the firm or individual name, the penalty date and the disclosed amount, then open the linked Securities and Exchange Commission, Nigeria notice. The notice sets out the rule breaches, the affected period and the sanction. RegActions links every record to its official source; the regulator's own publication remains the authoritative record.