…remittance apps to Nigerian money mules. “Terrorist facilitators use phone numbers for mobile banking or account alerts that are not registered to the account holder or the true beneficiary,” the report stated. The NFIU said students, small-business owners and relatives were among those used as money mules, while terro…

…were opening bank accounts in women’s names as well as using phone numbers for mobile banking or account alerts that are not registered to the account holder or the true beneficiary. The disclosures are contained in the NFIU’s 2025 Annual Report, obtained by The PUNCH from a top official. According to the report, the c…

…precautionary measures against brand impersonation. ImagesKaspersky research found that mobile banking attacks increased 1.5 times globally in 2025, while bank-related phishing accounted for 53.75% of phishing detections recorded across Africa.The latest campaign highlights the growing risks facing smartphone users as…

…System (NIBSS)How to check my BVN date of birth on a phoneUsing a USSD codeUsing a mobile banking applicationWhat should you do if you cannot check your BVN date of birth?How to change my BVN date of birth onlineHow do I check my BVN status?How to perform a free BVN checkCan my BVN be blacklisted?Can the BVN's date of…

…As Nigeria’s digital economy, and Africa’s with it, races ahead on instant payments, mobile banking, and digital lending, that lesson has only sharpened. Cybersecurity can no longer be viewed as a back-office technology concern. It has become a trust issue, a financial stability issue, and a board-level business priori…