To make ePayments work, Nigeria needs to curb fraud
Victor Irechukwu
March 21, 2023
By Victor Irechukwu, Head of Engineering, One Pipe When a credit alert drops on your phone, chances are you will get excited. Even
CBN wants power to freeze criminals’ accounts, calls for Credit Tribunal
Businessam StaffJuly 16, 2020
The Central Bank of Nigeria, CBN, has requested statutory powers to freeze accounts linked to criminals in the country. The apex bank
N7.74bn fraud: Court to give fresh date for Kenny Martins
Samson EchenimApril 27, 2020
The Federal Capital Territory (FCT) High Court is expected to fix fresh date for the hearing of the criminal trial preferred against
CBN to release new BVN rules to tackle e-fraud
Businessam StaffNovember 25, 2019
The Central Bank of Nigeria (CBN) will soon release a new bank verification number (BVN) guideline and set additional rules that will
World Bank blacklists CCECC, five other Chinese firms in Nigeria for fraud
Businessam StaffAugust 19, 2019
Some Chinese companies in Nigeria have been blacklisted by the World Bank for fraud and corruption. The companies include China
Rio, ex-CEO face fraud charges on $3.7bn coal calamity in US
Businessam StaffOctober 18, 2017
Rio Tinto Group’s calamitous $3.7 billion coal deal in Mozambique, involving a plan to barge the fuel hundreds of kilometers down the
Samsung Galaxy S8 iris scanner fooled by German hackers
Businessam StaffMay 24, 2017
The iris-recognition feature in Samsung’s new Galaxy S8 smartphone has been defeated by German hackers, less than a month after it hit
More Brits than ever being targeted by banking fraudsters – despite industry action to ‘protect customers’
Businessam StaffMay 16, 2017
Consumer group Which? claims it has not seen enough evidence of industry progress to protect customers, as it calls on the next