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Fraudster used Facebook to hack bank accounts

A hacker stole £35,000 from his neighbours’ online bank accounts after working out the answers to their security questions from information they posted on Facebook and Friends Reunited. Iain Wood spent up to 18 hours per day online, working out passwords from personal information posted on social networking sites by […]

Niger Insurance to raise fresh capital

By Nike Popoola The Chairman, Niger Insurance Plc, Alhaji Bala Zakariya’u, has said that plans are under way by the company to raise fresh funds through rights issue to the existing shareholders. At the company’s 41st Annual General Meeting in Uyo, Akwa Ibom State on Thursday, Zakariya’u said, “The board […]

Compulsory insurance: NAICOM, insurers renew fight against counterfeiters

By NIKE POPOOLA More than 60 per cent of Nigerian motorists are said to be in possession of fake insurance certificates. NIKE POPOOLA writes on efforts by the National Insurance Commission to bring an end to the menace. In the last three weeks, no fewer than 16 providers of fake […]