NAB integrates AI technology to trace financial crimes and money trails faster, improving transparency and efficiency.

Achievement is attributed to AFS’s advanced risk and fraud prevention tools, real-time monitoring systems, and dedicated team ...

Shockingly, the sale took place while Bhosale was already lodged in judicial custody. The deal has raised a number of ...

Financial institutions are being increasingly targeted by deepfake-enabled fraud during know your customer (KYC) processes.

By Joshua Worlasi AMLANU The central bank has warned that cyber threats are fast undermining progress in financial inclusion, ...

A compliance officer with Union Bank Plc, Mr Chidubem Ogbura, on Monday testified before the Federal High Court in Lagos in ...

Criminals have found a new way to exploit consumers' financial security measures by sending fake fraud alert messages ...

Fraudsters are increasingly posing as actual financial heavyweights and using AI deepfakes to target investors on ...

EFCC is prosecuting Mr Audu and his co-defendants at the Federal High Court in Lagos on 12 counts of cybercrime, money laundering, and illegal foreign exchange transactions linked to members of their ...

Hearing in the contempt proceedings against the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, over alleged ...

The fraudulent methods included creating loans against savings and fixed deposit accounts without customers’ consent, duplicating accounts, and transferring funds between accounts ...

The First Deputy Governor of the Bank of Ghana (BoG) Dr. Zakari Mumuni has said Africa losses an estimated US$4 billion each year to cyber fraud.