Sunday, March 15, 2026
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home News

How cybercrime cost Nigeria 500m US dollars each year – AGF

Adepegba Abioye by Adepegba Abioye
October 16, 2025
in News
0
How cybercrime cost Nigeria 500m US dollars each year – AGF
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, Tuesday raised alarm that in Nigeria, 4,388 cyberattacks occurred weekly particularly in the first quarter of 2025.

The minister made the disclosure in Abuja at the Annual Cybercrimes Awareness Campaign and the Second National Consultations on the Cybercrimes Legal Framework in Nigeria.

The awareness campaign was titled : “Towards a Coordinated and Informed National Response to Cybercrime.”

At the meeting were representatives from National Assembly, Law Enforcement Agencies, Regulators, the Judiciary, Private Tech Actors, Academia, and Civil Society.

The AGF, who gave a keynote address at the event noted that cyber attacks represents a 47 percent increase, ranking Nigeria fifth globally in cybercrime and costing about 500 million US dollars each year.

“The same networks that empower our lives now serve as battlefields, with criminals using artificial intelligence and sophisticated tactics to deceive and disrupt.

“It defines the new frontier of justice in our time and underscores why we gather today to strengthen our resolve, refine our strategies, and chart a united, informed national response.

“Our theme is not just a slogan; it is a national imperative as the digital domain has become the new battlefield of economic survival, public trust, and national security.’’

The minister reiterated that Nigeria must not stand as a passive observer in the war without borders.

“We must be strategic, coordinated, and relentless since the scale cybercrime is now a trillion-dollar threat to the global economy.

“INTERPOL’s 2023 Africa Cybercrime Assessment ranked Nigeria among the top ten countries targeted by business email compromise, online fraud, and sextortion.

“These crimes erode public confidence, deter investment, and weaken the digital foundations upon which our future prosperity depends,” he said.

Previous Post

Real reasons I joined APC – Mbah 

Next Post

UBA Foundation gives students opportunity to vie for over N22.5m NEC Prize

Next Post
UBA Foundation gives students opportunity to vie for over N22.5m NEC Prize

UBA Foundation gives students opportunity to vie for over N22.5m NEC Prize

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
In Nigeria’s Mining Sector, The Law Is No Respecter Of Persons
Business

In Nigeria’s Mining Sector, The Law Is No Respecter Of Persons

by Newsdesk Africa
March 14, 2026
0

By Kehinde Bamigbetan The coming visit of Nigeria’s President Bola Ahmed Tinubu to the United Kingdom is generating high expectations...

Read moreDetails
Rimi Resumes As Permanent Secretary, Steel Development Ministry 

Rimi Resumes As Permanent Secretary, Steel Development Ministry 

March 14, 2026
Troops clear suspected IPOB/ESN hideouts in Ihiala LGA

Troops clear suspected IPOB/ESN hideouts in Ihiala LGA

March 14, 2026
UK, China, others sending warships to Strait of Hormuz oil shipping lane, says Trump as Iran threatens UAE ports

UK, China, others sending warships to Strait of Hormuz oil shipping lane, says Trump as Iran threatens UAE ports

March 14, 2026
Data usage in Nigeria soars by 93% in 2years - NCC

NCC unveils plan to drive N83trn digital economy 2030

March 14, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

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
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng