• Latest
  • Trending
CBN Orders Banks To Collect Old N500, N1000 Notes

FG moves to eliminate fraud in online transactions

October 10, 2025
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Four Terrorists Bag Life Sentence, 14 Others Convicted

April 9, 2026
Tinubu Inaugurates Ojota-Opebi Link Bridge, Other Projects In Lagos

Tinubu Inaugurates Ojota-Opebi Link Bridge, Other Projects In Lagos

April 9, 2026
PDP Names Seven-Member Caretaker Committee For Osun State

PDP Calls for Probe into alleged Land, Cash Gifts to INEC officials

April 9, 2026
2027: Oyo Lawmakers endorse Speaker to Succeed Makinde

2027: Oyo Lawmakers endorse Speaker to Succeed Makinde

April 9, 2026
Sanwo-Olu Instals Alara of Ilara as 6th LASU chancellor

Sanwo-Olu Instals Alara of Ilara as 6th LASU chancellor

April 9, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
F.G Releases N13.89b Pension Funds For MDAs

Pension Records N1.39tr increase as Assets rise to N29.43tr

April 9, 2026
Ganduje’s Fmr Aide, Yakasai Defects to ADC

ADC Appoints Ogbu as Chairman Congress Appeal Committee

April 9, 2026
2027: Onireti Appointed DG City Boy Movement in Oyo

2027: Onireti Appointed DG City Boy Movement in Oyo

April 9, 2026
PPMC fixes petrol ex-depot price at N138.62 per litre

Dangote Refinery reduces petrol price to N1,200/litre

April 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Thursday, April 9, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

FG moves to eliminate fraud in online transactions

by Present Nigeria
October 10, 2025
in Business
0
CBN Orders Banks To Collect Old N500, N1000 Notes
32
SHARES
64
VIEWS
FacebookTwitterWhatsappTelegram

The Director General of the National Information Technology Development Agency, NITDA, Kashifu Inuwa Abdullahi, says government is not relenting in creating measures to keep fraudsters out of business in the internet space and create trust in online businesses.

Abdullahi, who spoke at a press conference to announce the National Digital Trustmark noted that fraudulent activities have dented the image of Nigeria among other nations.

RelatedPosts

Four Terrorists Bag Life Sentence, 14 Others Convicted

Tinubu Inaugurates Ojota-Opebi Link Bridge, Other Projects In Lagos

PDP Calls for Probe into alleged Land, Cash Gifts to INEC officials

The NITDA boss said the National Digital Trustmark is an initiative of the Federal Government designed to provide a verifiable certification mechanism or badge of trust for e-commerce and other online platforms in Nigeria.

The initiative, which is aimed at providing safety for buying and selling online, would also block off fraudulent and criminal elements who cause harm and create fear for online businesses, including the activities of internet fraudsters also known as Yahoo boys, who according to Abdullahi, have caused serious damage to the country’s image.

According to Abdullahi, the initiative goes beyond internet fraudsters within the country as countries such as China also buy Nigerian and African countries’ Internet Protocol, IP, addresses and use them to commit crimes in their country and it would look as if they were in Nigeria or within Africa.

He said the government, through NITDA together with its partners like the German International Cooperation Agency and Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, is committed to strengthen consumer confidence, promote fair competition, and elevate Nigerian businesses to global standards.

“We are trying to build trust through the public, private partnership where we can get the public and private work together to come up with initiatives.

“Where the private sector can come and tell the governments where there are challenges and suggest policies and regulation that can help to build trust within the ecosystem, and where international organizations and development partners can come and work together with us to share best practices and also support what government and private sector are doing to build trust within the digital economy.

“The National Digital Trust Mark is an initiative designed to build trust within our digital ecosystem, where every company, every e-commerce platform and every business, every government organization, will have a trust seal on their website to ensure they are authentic websites where citizens can easily differentiate between clone websites from the authentic original websites.

“So with this trust mark we should be able to identify which one is actually an authentic website and which one is clone, which one is fake, and so on.

“It will help to build confidence and trust that when you direct and transact online, you are dealing with authentic website providers,” he said.

Speaking further, Abdullahi highlighted the importance of the media in rebranding Nigeria on the international stage.

“Once we address these issues locally in Nigeria, it will also help us to rebrand our image globally,” he added.

He noted that it hurts to hear foreigners refer to Nigerians as fraudsters.

“It really hurts to hear that, and also, if you look at even globally, cyber security, according to the Cybercrime Index, Nigeria has been planted among the top five in the same category of Ukraine, Russia, China and US.

“Yes, sometimes we say yes, it’s good to be in this category. What does that mean? Because they are advanced in terms of digitization, but it means that digitalization also comes with its own challenges.

“Sometimes these bad actors, they are not even Nigerians. They see that they have access to the Nigerian IP. We have a situation whereby foreigners were arrested in Nigeria doing all this yahoo. We have a situation whereby Chinese are buying Nigerian IP addresses, African IP addresses, and using them to commit crime and on the internet, it will show like this from African countries.

“So these are all complex challenges we need to look at and how we can address them together.”

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share13Tweet8SendShareShare2
Previous Post

‘Assault on Justice’- Atiku faults continued detention of Nnamdi Kanu

Next Post

Fake revenue agents extorting motorists, traders nabbed in Aba

Related Posts

F.G Releases N13.89b Pension Funds For MDAs

Pension Records N1.39tr increase as Assets rise to N29.43tr

April 9, 2026
PPMC fixes petrol ex-depot price at N138.62 per litre

Dangote Refinery reduces petrol price to N1,200/litre

April 8, 2026
Tinubu Approves N3.3tr to Clear Legacy Debt in Power Sector

Tinubu Approves N3.3tr to Clear Legacy Debt in Power Sector

April 6, 2026
Ghana Govt Approves Visa-On-Arrival For All Travellers

Ghana announces visa-free entry for Africans

April 3, 2026
Next Post
Fake revenue agents extorting motorists, traders nabbed in Aba

Fake revenue agents extorting motorists, traders nabbed in Aba

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.