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'SAMENA Daily' - News

NCC, CBN, police move to fight e-fraud

The Federal Government is to develop a roadmap that would be used to curb the menace of financial fraud using telecoms/electronic platforms.

Also, the Nigerian Communications Commission (NCC), is working with the Central Bank of Nigeria (CBN), the Nigeria Police, and other relevant agencies to fight electronic e-banking fraud.

Speaking at a stakeholders’ forum on financial fraud using the telecoms platform in Abuja, Minister of Communications, Adebayo Shittu, said the incidence of financial fraud using telecom platforms has become pervasive.

He added that apart from leading to the loss of reputation and income, it is also tied to direct financial loss of billions of Naira in the financial services sector, e-commerce, and telecommunications.



Source: https://guardian.ng/business-services/ncc-cbn-police-move-to-fight-e-fraud/

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