Circular

The attention of the Securities and Exchange Commission (the Commission) has been drawn to the activities of Sapphire Scents Limited which holds itself out as an Investment Adviser/Fund Manager promoting an unregistered investment scheme.

The Commission hereby informs the public that Sapphire Scents Limited is NOT REGISTERED to operate in any capacity in the Nigerian Capital Market.

Accordingly, the public is advised to refrain from engaging with Sapphire Scents Limited 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 therefore 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
June 16, 2025