Nigeria, Sept. 22 -- The House of Representatives has asked the Central Bank of Nigeria and the Nigerian Communications Commission (NCC) to ensure all monies lost as a result of Card/ ATM and web-based fraud are refunded to the affected victims.

The resolution followed the adoption of the report of the House of Representatives Ad hoc Committee on Sim/Swap Fraud by the Committee of the Whole on Wednesday.

The ad hoc committee was mandated in July 2019 to investigate the alleged subscriber identification module swap by service providers in the telecommunications, and banking sector.

The resolution was a sequel to a motion moved by Ifeanyichukwu Ibezi (APGA, Anambra)

Mr Ibezi is no longer a member of the House of Representatives followin...