Circular

The attention of the Securities and Exchange Commission (the Commission) has been drawn to the activities of POCKET OPTION, an online investment Platform, which presents itself as an Investment Adviser/Fund Manager promoting unregistered investment scheme.

Investigations reveal that POCKET OPTION has been actively promoted on social media platforms and online forums. Its operations exhibit the typical indicators of a fraudulent (Ponzi) schemes.

The Commission hereby informs the public that POCKET OPTION is NOT REGISTERED by it nor authorized to solicit investments from the public or to operate in any capacity in the Nigerian capital market.

Accordingly, the public is advised to refrain from engaging with POCKET OPTION or its representatives in respect of any business in the Nigerian capital market, as any person who does so is at his/her own risk.

The investing public is reminded to verify the status of companies and entities offering investment opportunities on the Commission’s dedicated portal – www.sec.gov.ng/cmos, before transacting with them.

 

SIGNED
MANAGEMENT
July 11, 2025