How to Avoid Online Payment Fraud in Nigeria

Last Updated: April 2026 | Category: Financial Security | Reading Time: 8 minutes Introduction According to the Nigeria Inter-Bank Settlement System (NIBSS), digital payment fraud amounting to N25.85 billion occurred in 2025, and while that figure is down from N52.26 billion in 2024, online fraud in Nigeria remains a serious and growing threat. In 2026, … Read more

Common Financial Scams in Nigeria and How to Avoid Them

Financial scams affect many Nigerians, targeting bank customers, loan applicants, and online shoppers alike. In many cases, victims lose money not because they are careless, but because fraudsters constantly refine their methods to appear convincing and legitimate. From fake alerts to impersonation schemes, these tactics are designed to exploit trust and urgency. Understanding how these … Read more