Category archives for: Mobile money

Americans fall prey to Nigeria scammers

Online dating and scams

from EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – NIGERIA’S anti-corruption agency has arrested 15 suspects for allegedly swindling American nationals through internet fraud and romance scams. The Economic and Financial Crimes Commission (EFCC) arrested the suspects aged between 21 and 35 years during a raid in the city of Ibadan in the inland […]

MTN drops OBB data rates

MTN South Africa CEO, Godfrey Motsa

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – MTN has slashed its out of bundle (OOB) data rate by up to 75 percent for prepaid customers. The mobile operator will also be doubling selected prepaid voice and data bundles for the next two months. Prepaid customers currently not making use of data bundles will pay just […]

Technology solution to transform SADC insurance sector

Southern African Development Community (SADC) regional member states flags

by AKANI CHAUKE  JOHANNESBURG, (CAJ News) – A LANDMARK online distribution solution is set to transform the insurance landscape in the Southern African Development Community (SADC) regional bloc. Already launched in Mozambique, Askari Fintech is anticipated to facilitate the distribution and management of insurance products, as well as reduce administration costs, fraud, credit risk, bad […]

Cyber crooks eye jackpot in festive shopping

Festive shopping

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News)  – WHILE a majority of people in South Africa are aware of financial cyber-threats, more than half have had their financial credentials fall into the wrong hands. Amid the ongoing season of unrestrained shopping cybercriminals targeting consumers’ banking credentials or online shopping accounts could hit the jackpot. This is […]

Nigeria’s ‘Yahoo boys’ arraigned for fraud

EFCC-operatives arrest Nigeria's notorious Yahoo Boys

from OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – SOME 24 Nigerian university students have appeared in court for alleged involvement in cyber crime. This follows their recent arrest for allegedly obtaining money by false pretence through fraudelent emails to unsuspecting victims, mostly in the United States of America, and engaging in romance scam […]

Connect to CAJ News on Facebook

Subscribe to our Newsletter

Photo Gallery

Log in
All material © CAJ News Africa. Material may not be published or reproduced in any form without prior written permission.