Tag
CYBER FRAUD
A Nigerian citizen, Farouk Adekunle Adepoju, has been arrested in the United Kingdom following a United States request for extradition over charges of wire fraud and computer fraud totaling more than $235,000.
The Managing Director of Moniepoint Microfinance Bank, Mr. Babatunde Olofin, has cautioned Nigerians against sharing their account numbers publicly, especially during the festive season, to avoid falling victim to cyber fraud.
The financial inclusion rate in Nigeria has improved. Since the country adopted an inclusion strategy in 2012, adult Nigerians with a bank account have increased, and now account for more than two-thirds of the financially included.
As Nigeria continues to battle rising cases of Internet-related crimes particularly in the banking sector, the country's apex...