DSS as financial watchdog curtailing cyber fraud - The Nation Newspaper

DSS as Financial Watchdog Curtailing Cyber Fraud

The Nation Newspaper, November 4, 2025, by Our Reporter.

In an era where cybercriminals use technology for deception, Nigeria's Department of State Services (DSS) has become a key defender of the nation's financial integrity.

Through intelligence-led operations and collaboration with banks, the DSS has been curtailing multi-billion-naira financial fraud, particularly in Lagos and Abuja.

Traditionally, the DSS was viewed as a counter-espionage and internal-security agency, but it now plays a crucial role as Nigeria's financial watchdog, monitoring cryptocurrency channels, dark web chatter, and high-risk digital wallets used by fraud syndicates.

The DSS has stepped out of the shadows to become one of the most strategic defenders of the nation's financial integrity.

Author's summary: DSS defends Nigeria's financial integrity.

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The Nation Newspaper The Nation Newspaper — 2025-11-04