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NCC-CSIRT Alerts Internet Users On ‘HiddenAds’ Malware Threat

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has identified a new malware, HiddenAds, which has infiltrated Google Play Store that can impact device performance and jeopardize users’ privacy. In its advisory of August 8, 2022, NCC-CSIRT classified the virus, first identified by the McAfee Mobile Research Team, as high in probability and […]

Accounting & Financial Reports Crime & Judiciary Matters Investments/Capital Market Latest News Planning & Economic Development Professionals & HR Devt.

PwC Fined £1.75m Over BT Audit After Fraud In Italy

Britain’s accounting watchdog, Financial Reporting Council (FRC) on Monday slammed £1.75m fine on auditor PwC after it failed to properly challenge UK telecoms group, BT, once a half-a-billion pound fraud was discovered in BT’s Italian operations. A news report by Irish Times quoted the Council as saying that that BT’s full-year financial statement for the […]

Budgeting Civil Advocacy & Gender Matters Crime & Judiciary Matters Latest News Planning & Economic Development Political Economy Professionals & HR Devt. Revenue

LIRS Unveils Whistle-Blowing Facility To Promote Transparency, Accountability

The Lagos Internal Revenue Service (LIRS) through its professional partner, Deloitte, has unveiled its whistle-blowing tip off channels to promote transparency, accountability and general public inclusivity in governance. The whistle-blowing service provides multilingual, multiple reporting channels such as toll-free hotlines, web portal, email and a mobile application. Speaking during the launch of the channels on […]

Crime & Judiciary Matters E-Payment Tech & Solutions Investments/Capital Market Latest News

SEC Warns Against Patronage Of Illegal Investment Crowdfunding Platforms

The Securities and Exchange Commission (SEC) Nigeria has again warned investors on the activities of unregistered investments crowdfunding platforms in the country and advised members of the public to avoid transacting any business on the platforms. Crowdfunding is the process of raising funds to finance a project or business from the public through an online […]

Budgeting Crime & Judiciary Matters Latest News Revenue Revenue Agencies Tax

Financial Crimes: LIRS To Launch Whistle-Blower Initiative

The Lagos State Internal Revenue Service (LIRS) is set to launch its whistle-blower initiative, a state-wide project, introduced to provide a platform for employees, stakeholders and the general public to report any observed violation, misconduct, or unethical behaviour across the state. A public notice signed by the LIRS Executive Chairman, Ayodele Subair, indicated that the […]

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Investment With Fund Managers Not Covered By Insurance – NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has alerted members of the public that investments with fund managers in the country were not covered by any insurance policy, warning that investors should avoid dealing with some of them operating illegally in the country. A statement issued by the corporation’s  Director, Communications and Public Affairs, Mr. Bashir […]

Budgeting Crime & Judiciary Matters Latest News Professionals & HR Devt. Revenue Revenue Agencies Taxation

FIRS Alerts Public On Recruitment Scam, Threatens Legal Action

The Federal Inland Revenue Service (FIRS) has advised members of the public to be vigilant and avoid dealing with scammers, who pose as recruitment agents for it. The Special Assistant on Media and Communication to the FIRS’ Executive Chairman, Mr. Johannes Wojuola, in a statement issued on Monday recalled that the revenue agency had consistently […]

Banking Crime & Judiciary Matters Latest News Technology

CBN Charges OFIs On Cybersecurity Guidelines’ Compliance

The Central Bank of Nigeria (CBN) has issued new guidelines for improved cybersecurity in the Nigerian financial system, particularly among the Other Financial Institutions (OFIs). The guidelines outline the requirements the OFIs were requested to observe in the development and implementation of strategies, policies, procedures and related activities aimed at mitigating cyber risks. The apex […]

Budgeting Crime & Judiciary Matters Latest News National Assembly Oil & Gas Political Economy

Over 200 Illegal Refineries Operating In Nigeria – Kyari

The Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, has hinted that over 200 illegal refineries are operating in the country, even as efforts to reactivate government-owned refineries are yet to yield the desired results. Kyari  gave this hint when he appeared before the House of Representatives Joint […]

Banking Budgeting Crime & Judiciary Matters Economy News Extra Latest News Political Economy

NDIC Seeks Stronger Ties With ICPC On NACS’ Implementation

The Nigeria Deposit Insurance Corporation (NDIC) has advocated the need for stronger collaboration between it and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on the implementation of the National Anti-Corruption Strategy (NACS) in the corporation. The corporation’s Chairman, Mrs. Ronke Sokefun, was quoted in a statement by the Director, Communication and Public […]