Business
EFCC Busts Yahoo Academy in FCT, Nabs 31 Suspects
The Economic and Financial Crimes Commission, EFCC, on Thursday, April 9, 2026 arrested 31 suspected internet fraudsters in a sting operation at an internet fraud academy, situated in Becki Estate, Karu, Federal Capital Territory, Abuja.
The suspects, comprising two kingpins and interns, were nabbed while undergoing internet fraud tutorials. Items recovered from them include phones, 18 laptop computers and other gadgets.
Investigation by the EFCC revealed that some of the interns were lured all the way from Benue State by the academy proprietors with the promise of job offers, but upon settling down at the facility, were handed communication devices, computers and software, setting the stage for their training in cyber fraud.
To enforce compliance and dedication, the proprietors house the recruits in the academy and restrict their movements strictly within the perimeters of the facility and forcibly took possession of their mobile phones, thus totally cutting them off from the outside world.
Furthermore, corporal punishment was the order of the day, with heavy-handed physical assault meted out to interns who were seen to be recalcitrant.
The suspects will be charged to court as soon as investigations are concluded.
The post EFCC Busts Yahoo Academy in FCT, Nabs 31 Suspects appeared first on Business Today NG.
The Ondo State Police Command has dismissed claims of an impending terrorist attack in the state following the circulation of a viral video on social media warning residents of possible attacks in some communities.
In a statement issued by the command, the police described the claims contained in the video, allegedly made by a cleric, as unverified and lacking credible intelligence backing.
The command expressed concern over the panic generated by the video and warned residents against spreading unconfirmed information capable of creating fear and tension across the state.
According to the police, security agencies immediately activated intelligence and operational mechanisms to assess the authenticity of the claims and determine whether there was any threat to public safety.
Commissioner of Police in the state, CP Felix Ohagwu, was said to have ordered a thorough investigation into the source and content of the viral video. The command also disclosed that surveillance operations, intelligence gathering and security deployments had been intensified, particularly in vulnerable areas, to forestall any security breach.
The police, however, reassured residents that there is currently no confirmed intelligence suggesting any imminent attack in Ondo State.
The command added that it remains on high alert in collaboration with other security agencies and stakeholders to ensure the safety of lives and property across the state.
Residents were advised to remain vigilant and report suspicious persons or activities to the nearest police station or relevant security agencies while relying only on verified sources for security-related information.
The police further reaffirmed their commitment to maintaining peace and public order through continued collaboration with community leaders, traditional rulers, vigilante groups and other stakeholders in the state.
The post Ondo Police Dismiss Cleric’s Viral Video of Impending Attacks, Tighten Security appeared first on Business Today NG.
The National Information Technology Development Agency has denied any affiliation with an online earning and marketing platform known as CPM. This rebuttal follows reports that the platform was demanding money from users to repair its allegedly hacked systems.
The agency issued the disclaimer in a statement signed by its Director, Corporate Communications and Media Relations Department, Hadiza Umar, on Monday, describing the reports as false and misleading.
According to media reports, subscribers via the platform operators reported that their systems had been hacked and that additional payments were required from subscribers to resolve the issue and recover funds.
NITDA allegedly was helping them to resolve the issue and that subscribers needed to make additional payments to support the process.
NITDA debunked those reports dissociating itself from CPM, noting that the agency, as a government agency, did not request money.
“NITDA wishes to categorically state that these claims are false and misleading.
“As a government agency and Nigeria’s Information Technology regulator, NITDA does not request or collect money from citizens to provide incident response support, recover funds, or assist private entities in resolving cybersecurity incidents,” NITDA said.
The agency alleged that the efforts of the so-called CPM to disguise itself as NITDA indicated possible social engineering and fraudulent activity. It said the efforts targeted exploiting affected individuals under the pretence of resolving a cybersecurity incident or recovering lost investments.
NITDA warned Nigerians against making financial payments to any bodies or organisations that claim NITDA requires such payments for operations.
“Members of the public are therefore strongly advised to exercise caution and avoid making any additional payments to any individual, group, or platform claiming that such payments are required by or connected to NITDA.
READ ALSO: NITDA, IDCA partner to transform Nigeria’s digital economy
“The reported pattern may indicate possible social engineering or fraudulent activity aimed at exploiting affected individuals under the guise of resolving a cybersecurity incident or recovering lost investments,” the agency said.
NITDA said Nigeria should exercise caution when dealing with online investment and trading platforms and must avoid sending additional funds in an attempt to recover previous investments or losses.
The agency added that online users must verify any claims of government involvement directly through official channels and refrain from sharing sensitive personal or financial information with unverified entities.
The regulator reiterated that Nigerians must promptly report suspicious cyber-related activities to the appropriate authorities to contain increasing risks of online attacks and fraud.
“NITDA remains committed to promoting cybersecurity awareness and protecting the public against cyber-enabled fraud and deceptive online activities.”
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