Headlines
EFCC flags Lekki as red zone for cybercrime in Lagos.

Lekki, the fast-developing upper-middle-class area of Lagos Metropolis, is emerging as the new hub of internet-related fraud.
Between April and June 2021, the Advance Fee Fraud and Cyber Crime Sections of the Command recorded a total of 402 internet-related fraud arrests.
Of the 159 suspects arrested by the Cyber Crime Section, 70 are from Lekki, comprising communities such as Ajah, Badore, Victoria Garden City, Sangotedo and Oniru.
The suspects are mostly millennials, with 82 of them aged between 25-34 years, which speaks to the fact that most of the individuals arrested are either still in school, recent graduates or university dropouts.
Analysis of the data from the Cyber Crime Section further shows that the dominant form of internet crime is Dating Scam/Online Dating Scam/Romance Scam.
The 64% involved in the dating scam benefitted to the tune of N8, 310,000; $349,290 USD; £ 900; €10 and Cryptocurrency 0.17513.
Other typologies of fraud identified include forgery, possession of fraudulent documents, spamming, credit card fraud, impersonation, rental scam, loan fraud, Business Email Compromise, Hacking, stealing, cheque scam, phishing, and money laundering.
The data also reveals gift cards, at 39%, as the prevalent method employed by the suspects to access their illicit funds. It is followed by bank transfers at 27% and Cryptocurrency at 21%.
A total of $12, 512.49USD was recovered from the e-wallet accounts of four suspects within the period.
Headlines
MWUN threatens to picket shipping companies, terminal operators over manipulation of pension remittances of seafarers, dockworkers

Headlines
Tantita Security to bankroll 2025 OTC in USA

Customs
Customs shuns N12 trillion inflated revenue target imposed by National Assembly

-
Headlines3 months ago
Ubong Essien lectures real estate industry operators on opportunities in blue economy
-
Economy3 months ago
Dangote Refinery reduces ex- depot price of petrol from N950 to N890
-
Headlines3 months ago
Opeifa, new helmsman at NRC, unfolds multi- faceted transformative programmes to reposition rail sector in Nigeria
-
Headlines3 months ago
LG Electronics excites UNIBEN community with solar – powered borehole
-
Customs3 months ago
Customs plans to integrate B’ Odogwu with National Single Window for transparency , operational efficiency
-
Customs3 months ago
We feel your pains — Customs seeks support of stakeholders over introduction of 4 percent levy on customs operations