Electronic financial transactions crime in nigerian universities in the news

Here are some recent news articles and reports on electronic financial transactions crime in Nigerian universities:

  1. "University of Lagos loses N1.4bn to fraudsters" (The Punch, 2022)

The University of Lagos has lost N1.4 billion to fraudsters who hacked into its electronic payment system. The university's management has launched an investigation into the incident.

  1. "Fraudsters steal N500m from University of Abuja's e-payment system" (Vanguard, 2022)

Fraudsters have stolen N500 million from the University of Abuja's electronic payment system. The university's management has promised to take measures to prevent such incidents in the future.

  1. "Nigerian universities lose N10bn to e-fraud" (Daily Trust, 2021)

Nigerian universities have lost N10 billion to electronic fraud, according to a report by the National Universities Commission (NUC). The report highlighted the need for universities to strengthen their electronic payment systems to prevent fraud.

  1. "University of Ibadan loses N200m to fraudsters" (The Nation, 2021)

The University of Ibadan has lost N200 million to fraudsters who hacked into its electronic payment system. The university's management has launched an investigation into the incident.

  1. "Fraudsters steal N100m from University of Benin's e-payment system" (The Guardian, 2021)

Fraudsters have stolen N100 million from the University of Benin's electronic payment system. The university's management has promised to take measures to prevent such incidents in the future.

  1. "Nigerian universities vulnerable to e-fraud" (Premium Times, 2020)

A report by the National Information Technology Development Agency (NITDA) has highlighted the vulnerability of Nigerian universities to electronic fraud. The report recommended that universities strengthen their electronic payment systems and implement robust security measures to prevent fraud.

  1. "University of Lagos loses N500m to e-fraud" (This Day, 2020)

The University of Lagos has lost N500 million to e-fraud. The university's management has launched an investigation into the incident and promised to take measures to prevent such incidents in the future.

These news articles and reports highlight the growing problem of electronic financial transactions crime in Nigerian universities. The incidents have resulted in significant financial losses for the universities and have raised concerns about the security of electronic payment systems in the country.