Woman Cries Out Over Portable's ₦1m vs ₦20k Payment
A Nigerian woman accuses singer Portable of paying only ₦20,000 for a music collaboration after a public promise of ₦1 million. Read details and netizens' reactions.
Category : Search result: digital payment fraud
Oyo Gov Makinde Increases Retirees' Gratuity to ₦3bn
Oyo State Governor Seyi Makinde approves a 100% increase in gratuity payments for retirees, raising it from ₦1.5bn to ₦3bn. NLC confirms the worker-friendly move and consistent 13th-month salary payment. Read more.
Kwara Monarch Freed After 25 Days in Captivity
Oba Kamilu Salami, the Ojibara of Bayagan Ile in Kwara, is free after 25 days. The community paid a huge ransom in two installments without government help. Read the full story.
Lady Saves ₦1k Daily for Rent, Now Doubles to ₦2k
A Nigerian lady's disciplined saving method of ₦1,000 daily to pay her ₦350k rent goes viral. With rent now ₦600k, she plans to double her daily savings. See her inspiring story and netizens' reactions.
Banks Warn Nigerians Against Public Wi-Fi for Transfers
Nigerian banks warn customers against using public Wi-Fi for transactions this festive season as fraud spikes. Learn how to protect your account from cybercriminals.
Ex-Minister Ngige Denies N2.2bn EFCC Fraud Allegations
Former Labour Minister Chris Ngige pleads not guilty to N2.2bn fraud charges. He insists his three-decade public service record is unblemished. Read the full details of the EFCC case and his defence.
CBN Issues New Order to Banks on Foreign Card Use
The Central Bank of Nigeria directs Access, Zenith, UBA & others to improve foreign card acceptance, aiming to resolve transaction failures for tourists and returning Nigerians.
Nigerian Convicted in US for $7.5M Fraud
Olusegun Samson Adejorin, a Nigerian national, faces decades in US prison after a federal jury convicted him of wire fraud and identity theft targeting charities. Sentencing is set for April 2026.
FAAN Cracks Down on Airport Extortion for Christmas Travel
FAAN activates strict measures against staff extortion & deploys over 80 security personnel at Lagos airport to manage festive traffic. Read details on new cashless system & terminal updates.
TotalEnergies TEMC+ Card Redefines Business Payments
TotalEnergies Nigeria launches TEMC+ card for secure fleet & business payments, competing with Paystack. Nationwide migration ends Dec 31, 2025.
Africa's Digital Payments Hit $2 Trillion, Nigeria Leads
A new report reveals Africa processed $2 trillion via instant payments in 2024. Nigeria's NIP system is rated highly, but fraud concerns remain a key barrier to wider adoption. Learn more.
Nanny rejects early salary, tells boss 'stick to the 31st'
A Nigerian lady's kind gesture backfires as her nanny returns December salary sent early. The nanny's firm request to 'stick to the 31st' sparks hilarious online reactions. Read the full story.
Ngige Granted Bail in ₦2.2bn Fraud Case
Former Labour Minister Chris Ngige has been granted bail by an FCT High Court in his ₦2.2 billion contract fraud trial. The court set strict conditions for his release. Read the full details.
Kidnapped Benue groom freed after N1.5m ransom
Tartenger Terdue James, abducted days before his wedding, is free after his family paid a N1.5 million ransom. Read the full story of his ordeal and release.
EFCC Arrests 5 'Babalawos' With Counterfeit $3.4M, €280K
Nigeria's EFCC arrests five herbalists in Osun and Lagos for fraud involving counterfeit dollars and euros. Suspects promised spiritual currency conjuring. Full story.
Romance Fraudster Jailed 17 Years for £1M Scam
Nigel Baker, 56, tricked single mothers out of over £1M for his gambling. He promised marriage but exploited their trust. Read the shocking details.
CBN Revokes Bank Licences, NDIC Begins Depositor Payouts
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
CBN revokes licences of two mortgage banks
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
OmniPay Launches Solutions to Ease Supply Chain Pressure
OmniPay has launched new payment tools and honoured key distributors at its first gala night, reaffirming its commitment to supporting Nigeria's supply chain against economic challenges. Discover the new features.
Notorious Child Kidnapper Arrested in Niger State
Niger State Police arrest suspected kidnapper Aminu Ahmed for abducting three children in Kontagora and collecting over N2 million in ransom. Full details of his confessions inside.
Nigerian Sentenced to 20 Years in US for Major Fraud
Oluwaseun Adekoya, a Nigerian resident in New Jersey, has been sentenced to 20 years in a US federal prison for masterminding a sophisticated $2 million identity theft and bank fraud operation. Read the full details of the multi-state scheme.
PAPSS Cowry Targets Africa's $5bn Cross-Border Payment Loss
Afreximbank launches PAPSS Cowry to fix Africa's costly cross-border payments, saving $5bn yearly and boosting intra-African trade. Discover how this platform changes the game.
Katsina Hospital Tragedy: Pregnant Woman D!es Over Payment
A pregnant woman, Aisha Najamu, d!ed at Turai Umaru Yar'adua Hospital in Katsina after a health worker allegedly refused a bank transfer for oxygen. The hospital cites a cash-only policy. Read the full investigation.
FG to Clear N4tr Road Contractors' Debt by Dec 20
The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.
Nigerian Sentenced to 60 Months for $1.3m COVID Fraud
Nosa Edokpaigbe, a Nigerian national, has been sentenced to 60 months in a US federal prison for a $1.4 million COVID-19 relief fraud scheme. He will be deported after serving his term. Read the full details.
Executives: Data Discipline Unlocks Digital Revenue in Nigeria
At the Leadway Digital Growth Summit, industry leaders warned that Nigerian firms must adopt stricter data discipline and deeper collaboration to achieve measurable returns on digital marketing investments. Discover the key strategies.
CBN's New 72-Hour Rule for Reporting Fraudulent Transfers
The Central Bank of Nigeria's new draft guidelines mandate a 72-hour window for reporting suspicious transfers to qualify for refunds. Learn what this means for your digital banking security.
FG Pays ₦22,500 Stipend to 42,000 TVET Trainees
The Federal Government has started paying monthly stipends to Technical and Vocational Education and Training (TVET) beneficiaries. Over 42,000 trainees have received ₦22,500 each. Read more.
Nigeria's Defence Minister Bans Ransom Payment to Terrorists
Defence Minister Gen. Christopher Musa declares an end to ransom payments and negotiations with terrorists, citing it fuels insecurity. He outlines a multi-faceted security strategy.
CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
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