Nigeria Records 4,200 Weekly Cyber Attacks
A new report reveals Nigerian organisations face 4,200 cyber attacks weekly, driven by AI-powered threats and identity theft. Learn the risks and essential prevention strategies.
Category : Search result: CBN report fraud
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
Akwa Ibom is Nigeria's Cleanest State for 2025
Akwa Ibom State has been ranked Nigeria's cleanest state for 2025. The report also reveals a worrying decline in national sanitation and public health indicators. Read more and see the full rankings.
Nestlé Accused of Adding Sugar to Baby Cereal in Africa
A Swiss watchdog alleges Nestlé adds sugar to Cerelac baby cereals sold in Africa, violating WHO guidelines. African civil society demands immediate recall. Read the full investigation.
Nigeria's GDP Hits 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.
Report VIPs with Police Escorts, FG Tells Nigerians
The Presidency calls on citizens to document and report any VIP still using police escorts after President Tinubu's withdrawal order. Learn how to help enforce the directive.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
Trump Commutes Sentence of $1.6B Fraud Executive
Outrage as US President Donald Trump frees David Gentile, who defrauded 17,000 investors of $1.6bn, after only 12 days in jail. Read the shocking details.
Court dismisses N1bn fraud case against MTN ex-staff
Lagos High Court acquits MTN ex-staff and contractor in N1bn fraud case after settlement. EFCC ordered to return seized assets and properties immediately.
NASC to refund N6.9bn for contract inflation
Audit report reveals National Assembly Service Commission inflated contracts by N6.93bn without approvals. Read the shocking details of financial misconduct.
FG Made 4 Emergency Cholera Vaccine Requests - WHO
As Nigeria battles a worsening cholera outbreak with over 22,000 cases, the FG sought emergency vaccine allocations four times. Learn about the global response and impact.
Lady Returns From Libya After 5 Years, Posts Medical Report
A Nigerian woman returns home after five challenging years in Libya, sharing her medical documents online with a crucial warning: 'Take your medical report serious.'
Okorocha's Niece Charged in N17m Land Scam
Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.
Nigerian Man Convicted in US Romance Scam
Saheed Sunday Owolabi, a Nigerian man, faces 40 years in US prison for wire fraud and money laundering in romance scams. Read the full story of the cyber fraud conviction.
VAT hits N2.06 trillion in Q2 2025, 7th consecutive rise
Nigeria's VAT collections surge to N2.06 trillion in Q2 2025, recording seventh consecutive quarterly growth since economic reforms. Manufacturing leads sectoral contributions with 27.19% share.
VAT collections hit N2.06tr in Q2, 7th consecutive rise
Nigeria's VAT revenue surges to N2.06 trillion in Q2 2025, marking a 32.15% year-on-year increase and the seventh consecutive quarterly rise since economic reforms began.
Climate Change Puts Spain's Economic Growth at Risk
The OECD reports that climate disasters like deadly floods increasingly threaten Spain's dynamic economy. Learn how extreme weather impacts growth and what reforms are needed.
Condom Distribution in Nigeria Falls by 55% - UNAIDS
UNAIDS reports 55% drop in condom distribution in Nigeria, threatening HIV prevention efforts. Global funding cuts jeopardize goal to end AIDS by 2030. Read critical updates.
Food Prices Drop: Beans, Garri, Maize Get Cheaper
NBS reports significant price drops for beans, garri, maize, and tomatoes in September 2025. Discover state-by-state variations and mixed trends for rice and beef.
Condom Distribution Falls 55% in Nigeria
UNAIDS reports a 55% drop in condom distribution in Nigeria, threatening HIV progress. Funding cuts and human rights issues are blamed. Urgent action is needed to prevent millions of new infections.
VAS Operators See 25% Growth, Revenue Hits N83bn
Nigeria's Value-Added Service market exploded in 2024, recording a 25% subscription surge and a massive 470% revenue increase. Discover the drivers behind this telecom boom.
NBS Reports Significant Drop in Nigerian Food Prices
NBS data reveals a welcome decline in prices of beans, garri, and maize in Nigeria for September 2025. Discover the latest food price trends and regional variations.
Nigerian sentenced for $290K COVID-19 fraud in US
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
Tech Giants Deactivate 28M Nigerian Fraud Accounts
Google, LinkedIn and TikTok removed over 28 million Nigerian accounts linked to fraud and harmful content in one year. Learn how this affects online security.
US Warns Nigerians of Fake Jobs and Visa Scams
The US Mission in Nigeria warns citizens about sophisticated fake job and visa scams. Learn how to spot fraud and protect yourself from losing money.
Nigerians spend $1.39bn on foreign education in 6 months
CBN data reveals Nigerians spent $1.39 billion on overseas education in H1 2025, a 20% increase from 2024. This nearly equals Nigeria's entire 2025 education budget. Read analysis.
Police Debunk False Church Attack Report in Gombe
Gombe State Police Command refutes claims of ECWA Church attack in Kashere, confirms officers were stationed throughout the day. Authorities vow to investigate misinformation source.
Former Anchor Sentenced in Massive COVID Fraud Case
Disgraced ex-TV anchor Stephanie Hockridge sentenced to 10 years for multi-million dollar COVID fraud scheme. Ordered to pay $64M restitution for fake PPP loans.
Manufacturers Spend N676.6bn on Power Generators
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
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