30 results
- 27 Dec 2020
GOCOP Members Mourn Publisher Bright-Mkpuma
Online publishers under the aegis of the Guild of Corporate Online Publishers (GOCOP) have bemoaned the death of their member, Ben Bright-Mkpuma, publisher of Watchdog Reporters. Ben Bright-Mkpuma Mr…
- 21 Sept 2022
The Wirecard Scandal, Lesson for Africa’s Fintech and Regulators
By Emmanuel Okoegwale, A Television documentary titled 'Skandal! Bringing Down Wirecard’ caught my attention on Netflix during the weekend. Years back, I had met an executive of the firm when He…
- 26 Oct 2015
CBN Orders Stanbic IBTC to Restate Accounts
Central Bank of Nigeria (CBN) has ordered Stanbic IBTC, to restate its 2013 and 2014 accounts over "misleading" disclosures relating to expenses and franchise fees owed to its parent firm South…
- 19 May 2017
Military Chiefs, Others Steal $15Bn- TI
Former military chiefs and politicians have reportedly stolen a whopping $15 billion – a sum equivalent to half of Nigeria’s foreign currency reserves – through “fraudulent arms procurement deals” in…
- 1 Nov 2015
FRC Gives Stanbic IBTC 60 Days to Restate Accounts
Nigeria's financial regulator has given banking group Stanbic IBTC 60 days to restate 2013 and 2014 accounts after it ordered the company to withdraw them over "misleading" disclosures relating to…
- 17 Aug 2018
Banks Lost N1.63Bn to E-fraud in 2017 – CBN Report
The number of recorded electronic fraud cases in the banking industry increased by 28 per cent last year, rising from 19,531 in 2016, to 25,043, resulting in a loss of N1.63 billion, the Central Bank…
- 15 Jun 2021
Nigeria Loses N25Bn to Twitter Ban in 10 Days
NetBlocks, a watchdog organization that monitors cybersecurity and the governance of the Internet, has reported that Nigeria has lost N24.72bn ($60.14m) in 10 days to the Twitter ban that took effect…
- 24 Sept 2012
ANCO Cries as Quacks Invade Courier Business
Association of Nigeria Courier Operators (ANCO) has raised alarm over the growing activities of illegal operators and urged the Courier Regulatory Department (CRD), the industry watchdog to stem the…
- 10 Jan 2020
Africa Loses $2bn from Internet Shutdowns
Sub-Saharan Africa lost more than $2 billion in economic value in 2019 after deliberate government action to shut down the Internet for more than 7 800 hours, a new report reveals. Globally, more…
- 16 Jun 2015
Buhari Queries NNPC’s Multiple Accounts
President Muhammadu Buhari was visibly angry when he revealed that the Nigerian National Petroleum Corporation (NNPC), has too many bank accounts, describing it as “improper”. Buhari said either the…
- 2 Nov 2014
E-PPAN, NIBSS Upbeat on Strategic Cashless Nigeria
The Nigeria Inter-Bank Settlement System Plc (NIBSS) and the Electronic Payment Providers Association of Nigeria (E-PPAN) said that through strategic alliances and partnerships across the e-payments…
- 25 Oct 2014
ePayment Media Academy 101 Holds Next Week
The role of the Electronic Payment Providers Association of Nigeria (E-PPAN) has increasingly become oriented to policy advocacy, capacity building and training towards the achievement of the…
- 22 Oct 2021
NCC’s Emergency Communications Centres Enhance Citizens’ Safety, National Security – Danbatta
Prof. Umar GarbaDanbatta, executive vice chairman (EVC) of the Nigerian Communications Commission (NCC), has said that the Commission’s Emergency Communications Centres (ECC) have become a rallying…
- 10 Apr 2024
Some £19m Reportedly Found in Betta Edu, Embattled Minister’s Bank Accounts
A corruption investigation into a suspended Nigerian minister whose job is to help poverty-stricken people has recovered £19 million from more than 50 bank accounts, a financial watchdog has alleged.…
- 26 Feb 2025
Nigerian Banking Sector Fraud Increases Threefold to N53Bn -NIBSS
Money lost to fraud in Nigeria's banking system has nearly tripled over the past five years, according to an analysis released by the Nigeria Inter-Bank Settlement System (NIBSS). NIBSS estimated…
- 9 Jan 2026
xAI Faces Backlash Over Grok's 'Digital Undressing' Images
Elon Musk’s xAI is under intense scrutiny after its AI chatbot, Grok, generated a flood of sexually explicit images through user prompts known as “digital undressing,” including some appearing to…
- 27 Aug 2024
US Donates 10,000 Mpox Vaccines to Nigeria
As part of efforts to mitigate the spread of Mpox, the United States Agency for International Development (USAID) has donated 10,000 Jynneous vaccines to Nigeria. Speaking to journalists on Tuesday…
- 5 Aug 2022
Facebook Tops Most Restricted Social Media Apps List
Facebook is the most commonly restricted social media app by governments across the world. This is according to theInternet Shutdown Tracker, compiled by cyber security firm Surfshark. The tracker…
- 14 Jan 2026
Paradigm Initiative Condemns the Internet Shutdown and Media Restrictions in Uganda Ahead of the 2026 General Election
Paradigm Initiative (PIN) strongly condemns the internet shutdown implemented in Uganda ahead of Thursday’s general election, as well as the restrictions placed on media coverage of protests and…
- 20 Oct 2015
Nigeria, Others Lose $4Bn Due to Shady Oil Deals
A watchdog group says four African countries lost more than $4 billion in shady oil and mining deals and calls for the Extractive Industries Transparency Initiative to police the hidden ownership of…
- 28 Apr 2021
Reps Ask CBN to Halt MFBs Recapitalisation
The House of Representatives wants the Central Bank of Nigeria (CBN) to suspend the recapitalisation of microfinance banks (MFBs) in the country. The lawmakers of the lower chamber of the National…
- 31 Jul 2025
China Tightens Grip: Nvidia Probed Over AI Chip Security Flaws Amid Geopolitical Tech Tensions
China’s top internet watchdog, the Cyberspace Administration of China (CAC), has summoned Nvidia to address alleged security vulnerabilities in its H20 AI chips, reigniting tensions around American…
- 16 Dec 2014
Nigeria, Others 'Lose $1 Trillion in Dirty Money'
Developing countries are losing nearly $1 trillion to crime and corruption, with the disappearance of dirty money hitting some of the world's poorest regions hardest, a new report has found.…
- 1 Oct 2018
Okowa, Odinkalu, Others Headline 2018 Editors’ Conference in Delta
The 2018 All Nigeria Editors’ Conference (ANEC) billed for Asaba, Delta State from October 10 to, October 14 will be headlined by many notable speakers among whom is host Governor, Dr. Ifeanyi Okowa…
- 23 Jun 2019
Our Involvement in Tax Monitoring, Verification by RMAFC
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has said that the on-going monitoring and verification exercise on tax collections by Deposit Money Banks appointed by FIRS and Customs…
- 9 Oct 2018
Why We are Hosting Editors’ cCnference – Delta State Govt
Delta State government said it is hosting this year’s All Nigeria Editors’ Conference, the flagship annual conference organized by the Nigerian Guild of Editors (NGE), because it believes that the…
- 21 May 2025
CBN, SEC Fine Access Holdings N1.21Bn for Infractions
Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have jointly imposed a total fine of ₦1.21bn on Access Holdings Plc for a series of regulatory breaches committed during…
- 26 Oct 2020
SERAP Kicks as NBC Slams Fines on Channels, AIT, Arise TV
Socio-Economic Rights and Accountability Project (SERAP), leading Nigerian rights group, has given the National Broadcasting Commission (NBC) 48 hours to cancel the fines imposed on three TV channels…
- 3 Feb 2017
Paradigm Initiative Makes FoI Request on Nigeria's "Eavesdropping" Satellites
The Paradigm Initiative on Thursday, in Abuja, submitted a letter to the Minister of Communications on the alleged eavesdropping capabilities of one of the two satellites that Nigeria plans to build…
- 7 Apr 2026
How Unethical Deals Triggered CBN Takeover of Union Bank -Forensic Report
A forensic audit report has detailed the multi-trillion naira financial mismanagement that led to the January 2024 sack of former directors and owners of Union Bank of Nigeria (UBN) and the…