news Internet fraud in Nigeria is 127 billion annually; promoting .NG domains

[News]

Nigeria addressed the issue of Internet fraud, and its domestic loss is 127 billion naira annually.

That number translates to more than $414 million USD, a staggering figure for this African nation of 93-plus million Internet users.

According to the report, NiRA, over the years, has been embarking on various initiatives aimed at making the use of .NG domain names more popular, as opposed to “foreign domain names” such as .com, .uk and .net...

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