Lagos: PalmPay Managing Director Chika Nwosu warns that fraud risks, trust deficits, and weak integration stall Nigeriaโs digital payments growth. Speaking at the Payments Forum Nigeria (PAFON 3.0) in Lagos,…
Lagos: Nigeriaโs fastโgrowing 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 militaryโs 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 (NPFโNCCC). This statement was made by…
BIG DEAL | EFCC Uncovers โฆ162bn Crypto Fraud, โฆ18.7bn Investment Scams One customer, 960 accounts: How a single fraudster moved โฆ162bn through a Nigerian bank. TheDigger Intelligence Unit Nigeriaโs 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 โฆ566 billion plus $411 million โ equivalent to approximately โฆ324 billion โ bringing total recoveries to over โฆ890…
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…