By Micah Jonah
January 28, 2026
The Nigeria Police Force has uncovered a ₦7.7 billion cyber-enabled telecommunications fraud, arresting six suspects involved in the illegal diversion of airtime and data resources belonging to a telecom company.
In a statement issued on Wednesday, Force Public Relations Officer, Force Headquarters, Abuja, Benjamin Hundeyin, said the operation was conducted by the National Cybercrime Centre following a petition from the affected company.
The company reported “suspicious and unauthorized activities within its billing and payments infrastructure,” prompting the investigation.
Police investigations revealed that “internal staff login credentials had been compromised, granting threat actors unlawful access to core systems.”
The syndicate’s actions resulted in an “estimated financial loss of over ₦7.7 billion,” according to the police.
The Nigeria Police Force said it remains committed to safeguarding the integrity of businesses and protecting citizens from cybercrime threats.
