EFCC Convicts Dennis Tamarakuro for $71,795 Cyber Fraud

EFCC convicts Dennis Tamarakuro cryptocurrency laundering $71,795 cyber fraud The Economic and Financial Crimes Commission (EFCC) has successfully secured the conviction of  Dennis Tamarakuro for a cybercrime that involved a $71,795.41 fraud. As Eko Hot Blog reports, Justice Emeka Nwite of the Federal High Court in Abuja sentenced Tamarakuro to two years in prison on … Read more

CBN Cybersecurity Levy: Senate Committee Allays Fears, Targets Financial Institutions

CBN Cybersecurity Levy: Senate Committee Allays Fears, Targets Financial Institutions

Individuals and bank customers exempted from proposed levy Financial institutions, telcos identified as primary targets Aims to enhance cybersecurity measures, national security Eko Hot Blog reports that, addressing concerns raised by Nigerians, the Senate Committee on National Security and Intelligence has clarified that the proposed Central Bank of Nigeria (CBN) cybersecurity levy is targeted at … Read more

BREAKING: Reps Make U-Turn Halt Cybercrime Levy Implementation

Cybercrime Levy Implementation

Reps instructs CBN to halt cybercrime levy implementation. Minority Leader, Kingsley Chinda, moves urgent motion; House demands CBN withdraw circular. Circular causes confusion; Nigerians apprehensive; levy intended for specific entities as per Act. EKO HOT BLOG reports that the House of Representatives has instructed the Central Bank of Nigeria (CBN) to promptly cease the implementation of … Read more