CBN Warns Banks On Korean ATM Hackers

In an effort to mitigate losses to the financial sector through the activities of cyber criminals, the Central bank of Nigeria (CBN) has warned commercial banks on Automated Teller Machines (ATMs) infected by the hackers.

Court to hear MTN’s case against Nigeria’s central bank in $8.1 bln transfer row

A hearing in the court case between MTN and Nigeria’s central bank in a dispute over the alleged transfer of $8.1 billion of funds by the telecoms firm, has been set for Oct. 30, a lawyer for MTN said on Friday.