Skip to main content

BREAKING NEWS!! Nigeria Ranked First In Internet-based Criminal Activities In Africa


The Nigerian Communications Commission (NCC) disclosed that Nigeria currently ranks third globally in cybercrimes. Nigeria comes behind the United Kingdom and the United States of America.
Prof. Umar Danbatta, the Director General of NCC disclosed this at the ongoing 2017 Annual General Conference of the Nigerian Bar Association in Lagos, Nigeria.
Mr Danbatta stated that the number of internet users in Nigeria has hit about 91.6 million, and also increase cubercrime activities.
“About N127 billion was the estimated loss to cybercrime in Nigeria in 2015; Nigeria ranks third in global internet crimes behind the UK and U.S.
A critical factor militating against Africa’s economic resurgence is the weakness of its institutions.
“Nigeria ranks 169 out of 199 on the World Bank’s ease of doing business rankings. While we are in a middle of a revolution and the rise of what we call the networked society.
The NCC stipulates the laws of engagement that will make the cyberspace safe and ensure the confidence as well as the safety of the cyberspace.
There are benefits and risks of the use of cyberspace and both have to be properly managed,” Danbatta told the gathering.
Cybercrime is a major threat to financial institutions and other internet-based businesses across the globe. In 2016, the world economy lost about $500 billion to cybercrime.
In Africa, the cost of cybercrime activities to major economies are estimated as – $573 million for South Africa, $500 million for Nigeria and $36 million for Kenya.
Mr Bisi Adebutu of Premier Lotto also remarked that the internet has positively affected betting business in Nigeria.
“Premier Lotto has moved from the streets to the internet, we have faced certain challenges including paying those who do business with us.
“Gaming is very popular on the internet and fraud is one to the challenges we have. If we apprehend an individual trying to perpetrate fraud, we block their access to us,” Adebutu noted.
Labels:

Comments

Post a Comment

Popular posts from this blog

REAL WAYS TO ACTUALLY MAKE MONEY ONLINE

How many articles are there about making money online? Thousands?  Millions? Enough? Probably. But there’s a problem. Too many of them are just sales pitches to convince you to sign up for some seminar, webinar, training session or some other way to become an online millionaire. They really give online money making a bad name. But it is possible to make money online. I mean, the people selling all of those millionaire pitches are making money, right? There are legitimate ways to make money online. The problem is that the real ways to make money aren’t “get rich quick” schemes. Most of them require a lot of work and sometimes a lot of dedication before seeing a return on your time.  But if you really want to make money online, work from home or turn an idea into a business, you  can  do it. You can even earn money with apps if you don’t want to venture all the way to the computer. I’m going to tell you about all kinds of legitimate ways to make m...
Post a Comment
Read more

Interesting facts about Africa

1. Africa is not a country, it is a continent that consist of 54 countries. 2. Africa is the world’s second driest continent (after Australia). 3. The African continent has the second largest population in the world, at about one billion people. 4. The largest religion in Africa is Islam, followed by Christianity. 5. Cairo is the continent’s largest city. 6. The world’s largest land animal is the African elephant. 7. The fastest land animal in the world, the cheetah, lives in Africa. 8. Africa is home to the world’s largest reptile, the Nile crocodile. 9. The gorilla, which can be found in the continents jungles, is the world’s largest primate. 10. Victoria Falls is the largest waterfall in Africa; it is 355 feet high and one mile wide. 11. Mount Kilimanjaro is the highest mountain on the continent. 12. Nigeria is the most populated country with over 145 million people. 13. The Fish River Canyon in Namibia is the second largest canyon in the world. 14. Lake Malawi has t...
Post a Comment
Read more

7 WAYS TO MAKE EXTRA INCOME EVEN WITH A FULL-TIME JOB

 Below are 7 ways of making extra money; even if you have full time jobs, for those seeking full time jobs, it is good if they could try out one or two among these, we specially thank Sujan Patel, for putting up this nice write up, please read on 1. Start a service business. Launching a service business can be done without a large network, an online presence or much overhead. The easiest way to start is by telling people in your existing network what you’re offering and asking them to spread the word. Noah Kagan from AppSumo nailed this concept. He decided to see if he could earn $1,000 in 24 hours, starting from scratch. He ended up founding a  successful beef jerky subscription business  that he gave to one of his students to run. You can steal his concept, with a business like dinner catering, freelance writing or online marketing. Start by crafting a killer  outreach email  to get yourself up and running in just a few days. 2. Invest in r...
Post a Comment
Read more