BREAKING: Police busts telecoms fraud syndicate, arrests 6 for stealing N7.7bn

The Nigeria Police Force – National Cybercrime Centre (NPF–NCCC) has uncovered and dismantled a sophisticated cyber-enabled fraud syndicate. The syndicate was responsible for the illegal diversion of a telecommunications company’s airtime and data resources, resulting in an estimated financial loss of over N7.7 billion. The breakthrough followed a petition by a Nigerian telecommunications company, which…

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NCC directs banks to deduct USSD charges from customers’ airtime

The Nigerian Communications Commission (NCC) has directed all banks to stop debiting USSD transaction charges from customers’ bank accounts, with effect from Tuesday, June 3, 2025. According to a notice sent by some Nigerian banks to their customers, the charges for Unstructured Supplementary Service Data (USSD) services will now be deducted directly from mobile airtime…

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