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.
Category : Search result: ransom payment
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.
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.
Court Grants Bail to Activist Harrison Gwamnishu
Edo High Court grants bail to activist Harrison Gwamnishu, detained over a controversial N20 million ransom negotiation for an abducted couple. Read the full details of the case.
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.
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.
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.
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.
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.
Bandits Give Kwara Community 7-Day Ultimatum for N300m
Armed bandits have given Isapa community in Kwara a week to pay N300 million for 10 kidnapped victims, threatening to kill them and attack residents. Read the shocking details.
Tinubu's Govt Rejects Terrorist Negotiation - Bwala
President Tinubu's adviser, Daniel Bwala, states the Federal Government maintains a strict no-negotiation policy with terrorists, citing risks of financing terrorism. Learn the details behind recent hostage releases.
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.
Man arrested for staging own kidnap in Ondo
Ondo Police uncover a staged kidnapping scheme, arresting a man who faked his abduction to extort ransom from his family. Read how intelligence-led policing foiled the plot.
DeRemi Atanda Conferred as NCS Fellow for Tech Impact
DeRemi Atanda receives the prestigious Nigeria Computer Society Fellowship for his transformative work in fintech and public financial systems. Discover his journey and lasting impact on Nigeria's digital economy.
Bandits Issue N20m Kill Threat to Sokoto Community
Residents of Bakale village in Sokoto State live in terror as armed bandits demand a N20 million levy to avoid attacks. Several other communities face similar threats. Read more.
Bandits release 7 abducted teens in FCT after N2m ransom
A 15-year-old boy and six girls kidnapped in Bwari, FCT, have been freed after relatives paid a N2 million ransom. The peasant farmer who raised the money had to sell his ginger harvest.
Shakarra Launches Global Shopping Platform for Nigerians
Shakarra, a new e-commerce platform, is now live, enabling Nigerians to shop from US stores like Amazon and Walmart in Naira with door-to-door delivery, perfectly timed for Black Friday deals.
Mother Kidnaps Son, Demands N5m Ransom in Kebbi
A 25-year-old mother has been arrested in Kebbi State for allegedly kidnapping her own son and demanding a N5 million ransom from the father. The 4-year-old boy was rescued unharmed.
Over 30 Kidnapped in Kano, Borno Weekend Attacks
Gunmen abducted more than 30 Nigerians in separate attacks in Kano and Borno states. The surge in kidnappings for ransom is now a structured industry, a new report reveals. Read more.
Kwara Traditional Ruler Kidnapped, N150m Ransom
Bandits have kidnapped Ojibara of Bayagan, Oba Kamilu Salami, from his farm in Kwara State. The kidnappers are demanding N150 million ransom for his release. Read details of the shocking abduction.
Abia Pays 20-Year Pension Arrears: N60bn for Retirees
Abia State government starts phased payment of N60 billion pension arrears owed since 2001. Governor Alex Otti brings relief to retirees after two decades of waiting.
Kwara Monarch Kidnapped, N150m Ransom Demanded
Masked gunmen have kidnapped Oba Kamilu Salami, the Ojibara of Bayagan in Kwara State. The kidnappers are demanding N150 million ransom for his release. Read the full details.
Page 1 of 4