Monday, May 6, 2019
(LOCAL) Governor Wike Threatens To Dethrone Monarchs Over Kidnapping And Cultism In Rivers State
Governor Nyesom Wike of River State has warned that the state government would dethrone traditional rulers of communities where cultism and kidnapping were encouraged.
The governor also cautioned that communities with a prevalence of cultism, kidnapping and other forms of crime would no longer enjoy the patronage of the state government. Wike issued this warning while addressing a special security meeting at the Government House in Port Harcourt on Monday.
(LOCAL) Fraudsters Now Target Mobile Apps Users- CBN
Central Bank of Nigeria (CBN) has said e-fraudsters have fleeced customers of self-initiated banking solutions, such as Mobile Apps and Unstructured Supplementary Service Data (USSD) of about N2.08 billion in the last one year.
CBN Director, Payment System Management, Sam Okojere, who broke the news at the Nigeria Electronic Fraud Forum (NeFF) general meeting in Lagos, said that customers of banks, Other Financial Institutions (OFIs), digital wallets and remittance players are prime targets for cyber criminals seeking quick monetisation of stolen credentials.
The apex bank’s data showed that Nigeria recorded over 38,000 fraud count with over N9 billion attempted fraud value within 12 months. An estimated N2.08 billion was lost in 2018, with mobile channel recording the highest volume and value, of 11, 492 in volume and N598.8 million in actual loss value. The loss value is 25.7 per cent higher than the 2017 figure.