📰 TechCabal

Nigeria's biggest banks lost $1.56 million to fraud in 2025. While incidents fell, fraudsters are extracting more per attack as digital payments scale.

While biometrics and card services still anchor revenue, the security and digital infrastructure are emerging as the next phase of expansion.

The decision signals a sharper enforcement stance in Kenya’s data protection regime.

The numbers represent the sharpest test yet of whether Kenya's cybersecurity infrastructure can keep pace with its digital economy.

The Central Bank of Nigeria (CBN) is tightening the screws on cybersecurity, and this time, it wants the industry to grade itself first.