Business Hilights

Tracking Nigeria's Headline Business News Online


From about 83.2m individual bank accounts, only 29.9m captured in BVN—NIBSS

Indications have emerged that more is still needed to be done in creating awareness for the mandatory Bank Verification Numbers (BVN) exercise. This stemmed from the latest revelation of the Managing Director of Nigerian Inter Bank Settlement Services (NIBSS), Adebisi…

Cyber attacker

Hacking kingpins designing ransomware to hit N3.5tn trapped by BVN in banks

Indications have emerged revealing that Nigerian cyber criminals are now working day and night with their international hacking kingpins on a tailored ransomware attack that will hack into commercial banks and cause disruptions that will provide a window for them…

CBN, Police working to set up ePayment crime unit to track cybercriminals

The Central Bank of Nigeria (CBN) has revealed fresh plans to collaborate with the Nigeria Police in setting up a new unit called ePayment and crime unit. The unit will be structured to trail and track online fraud activities and…