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The Central Bank of Nigeria (CBN) has issued an urgent warning to the public regarding a rise in fraudulent online communications, emails, and text messages falsely claiming to originate from the bank. In a statement released Tuesday by the Acting Director of Corporate Communications, Hakama Sidi Ali, the apex bank cautioned that these messages are…
A sophisticated wave of ransomware attacks has battered Nigerian government agencies and tier-1 financial institutions over the past three weeks, exposing deep fragilities in the nation’s digitising economy. Reports from the National Information Technology Development Agency (NITDA) and the Corporate Affairs Commission (CAC) confirm that “coordinated and sophisticated” threat actors have breached critical infrastructure, causing…
Nigeria’s data protection regulator has issued an urgent warning over what it describes as coordinated cyber threats targeting the country’s financial systems and critical digital infrastructure, urging organisations handling personal data to immediately reinforce their security frameworks. In a Data Protection Advisory issued on Thursday and signed by its Head of Legal, Enforcement and…
The Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, has publicly warned that hackers have gained unauthorised access to her personal email account, urging citizens to disregard any messages originating from the compromised address. In a security notice posted on X on Friday, Dabiri-Erewa identified the affected account as aodabiri@yahoo.com and cautioned…
Nigeria-based Nigus International Investment Limited and UAE-headquartered Elmirate Investment LLC have signed a strategic partnership agreement expected to attract up to $200 million in investment to develop defence technology, cybersecurity capabilities, and satellite infrastructure in Nigeria, marking a significant expansion of foreign capital into the country’s defence manufacturing sector. The two companies formalized a…
Nigeria holds the 13th spot on the Global Threat Index for cybercrime in 2025, suffering 4,388 cyberattacks per organization weekly—a 47% increase that marks its alarming position in cybercrime rankings as Africa’s most targeted nation. Over 100 million people use the internet every day without proper protection, and this surge is directly linked to the…
The Federal Government launched the National Cybersecurity Policy and Strategy (NCPS) 2021 on 23, February 2021. The National Cybersecurity Policy and Strategy 2021 is a follow-up on the National Cybersecurity Policy and Strategy 2014. According to President Muhammadu Buhari, having achieved numerous cybersecurity milestones over the past six years, it became necessary to review the…
