EFCC cracks down on cybercrime: Four suspected bank hackers arrested in Abuja
Stanley Ihedigbo
Economic and Financial Crimes Commission (EFCC), has arrested Chima Anthony Nwigwe, suspected leader of banks’ hacking syndicate alongside three others: Effiong Victor Emmanuel, Mohammed Bello Mahmud, managing director, Downstone Ultimate Limited and Daminan Ali for alleged conspiracy, unauthorized access to banks’ computer systems and fraudulent withdrawal of depositors’ funds.
According to the Head, Media and Publicity, EFCC, Mr. Dele Oyewale, they were arrested in a sting operation in Abuja following actionable intelligence about their suspected involvement in hacking, compromising databases of commercial banks, thereby causing fraudulent transfers and withdrawals through different digital platforms.
The suspects would be charged to court upon conclusion of investigations
Nigeria’s Cadbury sees 182% increase in profit in Q1, driven by robust domestic sales
Cadbury Nigeria Plc has announced a profit of N5.98 billion for the first quarter of 2025,…