FraudPrevention

Lagos: PalmPay Managing Director Chika Nwosu warns that fraud risks, trust deficits, and weak integration stall Nigeria’s digital payments growth. Speaking at the Payments Forum Nigeria (PAFON 3.0) in Lagos, …

Lagos: Nigeria’s fast‑growing digital payments sector is facing mounting risks as weak cybersecurity systems leave platforms vulnerable to fraud. Industry leaders warn that lapses in protection are eroding consumer trust, …

Abuja: The Nigerian Army has apprehended Alhaji Tijjani Abdul Rauf, accused of posing as a retired Maj.-Gen. to mislead the public and exploit the military’s prestige. The Army, in a …

The Nigeria Police Force (NPF) has arrested six people for their alleged involvement in N7.7 billion telecommunication fraud, according to its National Cybercrime Centre (NPF–NCCC). This statement was made by …

BIG DEAL | EFCC Uncovers ₦162bn Crypto Fraud, ₦18.7bn Investment Scams   One customer, 960 accounts: How a single fraudster moved ₦162bn through a Nigerian bank.   TheDigger Intelligence Unit Nigeria’s financial …

Lagos: The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) have advised financial institutions to strengthen collaboration to sustain recent declines in electronic fraud and …

Zaria, Kaduna State: The Federal Road Safety Corps (FRSC) has confirmed that five people were injured in a multiple-vehicle crash at the busy PZ area of Zaria on Tuesday. According …

Abuja, Nigeria: The Economic and Financial Crimes Commission (EFCC)has reclaimed a staggering ₦566 billion plus $411 million — equivalent to approximately ₦324 billion — bringing total recoveries to over ₦890 …

Abuja (Nigeria): The Economic and Financial Crimes Commission (EFCC) has, in collaboration with other agencies, deported another batch of 51 foreign nationals convicted of cyber-terrorism, internet fraud, and related financial …

Abuja, Nigeria: The Nigeria Deposit Insurance Corporation (NDIC) and the Chartered Institute of Bankers of Nigeria (CIBN) have pledged deeper collaboration to confront rising threats in the financial sector. The …