Tag: #EFCC

Foreign cybercrime cells thrive in Nigeria

Foreign Cybercrime Cells Thrive in Nigeria The Economic and Financial Crimes Commission (EFCC) has issued a stark warning about the burgeoning presence of foreign-led cybercrime cells in Nigeria. According to the EFCC, the leniency in visa regulations and loose rental regulations have created a fertile breeding ground for these criminal syndicates to operate with impunity. […]

US House Committee Investigates FCC's Withdrawal of Broadband Subsidies from Starlink

In a significant move, a U.S. House committee has announced its investigation into the Federal Communications Commission’s (FCC) recent decision to deny SpaceX’s satellite internet service, Starlink, nearly $886 million in rural broadband subsidies. This decision has attracted attention due to its implications for rural internet access and the larger narrative surrounding the provision of […]

The FCC Proposes New Rules for AI-Generated Calls and Texts

In a move that could reshape the landscape of telecommunications, the Federal Communications Commission (FCC) has introduced new proposals aimed at regulating AI-generated communications. The initiative, highlighted in a Notice of Proposed Rulemaking (NPRM) and a Notice of Inquiry (NOI) released in August, seeks to establish clear definitions and guidelines surrounding the use of artificial […]

Nigerian Authorities Freeze Crypto Traders' Bank Accounts Amid Currency Crisis

In a decisive action taken by Nigeria’s Economic and Financial Crimes Commission (EFCC), over $330,000 in bank accounts linked to cryptocurrency traders have been frozen. These traders are accused of manipulating the Nigerian naira through unauthorized foreign exchange trading on platforms such as Kucoin and Bybit. The EFCC’s move underscores a growing concern regarding the […]

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