Banks CEOs Partner with Police to Tackle Cybercrime

Top executives from Nigeria’s banking sector, led by the Managing Director/CEO of Signature Bank, Mr. Nixon Iwedi, paid a visit to the Nigerian Police Force Cybercrime Centre (NPF-NCCC) in Abuja on Wednesday to explore collaborative strategies against cyber attacks targeting financial institutions.

The delegation, which included Mr. Niyi Akinseun of Tatum Bank and other top banking executives, emphasized the need for stronger engagement with law enforcement to curb the rising threat of cybercrime.

Speaking on behalf of the banking body, Iwedi said the visit was aimed at understanding the steps necessary to enhance the fight against cybercrime in the financial industry. “We know that collaboration, training, and infrastructure will go a long way in enhancing your work. We want to engage with you to understand what needs to be done,” he noted, adding that the goal is to protect customers, investments, and the reputation of banks in Nigeria.

Responding, the Director of the NPF-NCCC, CP Ifeanyi Henry Uche, highlighted the centre’s intensified efforts following the recent visit of the Inspector General of Police, IGP Kayode Egbetokun, to Lagos, where he engaged with the banking sector and the Chartered Institute of Bankers.

CP Uche described cybercrime as “a borderless crime that affects the interest of the whole world” and stressed the importance of collaboration between banks and law enforcement. “When an account is being hacked, there is compromise. Engagement with you is critical. It will go a long way to protect your customers, the investment, and the image of the bank as well as the country,” he said.

He further emphasized that professionals working with banks must fulfill their responsibilities to ensure that financial systems remain secure, while the NPF-NCCC continues to track, investigate, and prosecute cybercriminals targeting the banking sector.

The visit signals an ongoing push for stronger public–private partnerships aimed at safeguarding Nigeria’s financial infrastructure from cyber threats.