Fraudsters have stolen N329 million by using static images to register for Bank Verification Numbers. This is according to a new report by the Nigeria Inter-Bank Settlement System, which outlines emerging fraud trends in Nigeria’s financial sector, reports Sunday PUNCH. According to the report obtained by our correspondent, some unscrupulous B...
•Adams Oshiomhole Senator Adams Oshiomhole, chairman of the Senate Committee on Interior, has doubled down on his allegation that some retired military generals, in connivance with foreigners, are stealing Nigeria’s solid minerals. Oshiomhole clarified his initial claim on Arise TV’s Prime Time Show yesterday Tuesday, February 4, 2025, saying ...
•Rotimi Amaechi A former Minister of Transport, Rotimi Amaechi, has declared that Nigerian politicians are in power to steal, kill, and retain power. Amaechi made this remark at the National Conference on Strengthening Democracy in Nigeria held earlier this week, aimed at discussing pathways to good governance and political integrity in Nigeri...
•Electric vehicles A United States-based Nigerian expert in the automotive manufacturing industry, Sunday Aluko, has raised the alarm that hackers are now stealing cars using just a phone camera. •Sunday Aluko Speaking with our correspondent today, Aluko emphasised the urgent need for car manufacturers and owners to adopt robust cybersecurity ...
•Yam An unemployed man, Cletus Gandu, 40, today confessed that he stole two tubers of yam because he was hungry. The Nigeria Security and Civil Defence Corps (NSCDC) charged Gandu with criminal trespass and theft, reports NAN. Gandu told the Magistrates’ Court in Kafanchan, Kaduna State: “Hunger pushed me to steal yam on two occassions. ...
Hoodlums have scaled the fence of the house of the Vice Principal of Government Day Secondary School (GDSS), Abaji, in Abaji Area Council of the FCT and stolen a bag of rice and a sewing machine. The Vice Principal, Musa Suleiman Ohinoyi, said that the incident happened around 2am on Friday, reports Daily Trust. He […]
Crypto investors lost $664m to hackers in the first half of the year, marking a more than 50 per cent increase compared to the same period last year, according to data from DefiLlama. The largest aggregator for decentralised finance stated that the bulk of those losses came from phishing attacks and compromised private keys, reports […]
The biggest battle the Nigerian Railway Corporation (NRC) faced in the outgoing year is vandalism, its Managing Director Fidet Okhiria has said. Okhiria, who stated this while addressing reporters in Lagos, said over 50,000 clips used to stabilise the rail slippers were stolen from the Lagos-Ibadan Standard gauge Train Service (LITS) in the ye...

