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Cybercrime in NigeriaKeywords: Cybercrime , Banking , Fraud , Business , Espionage , Internet , Security Abstract: In this paper we investigated cybercrime and examined the relevant laws available to combat this crime in Nigeria. Therefore, we had a critical review of criminal laws in Nigeria and also computer network and internet security. The internet as an instrument to aid crime ranges from business espionage, to banking fraud, obtaining un-authorized and sabotaging data in computer networks of some key organizations. We investigated these crimes and noted some useful observations. From our observations, we profound solution to the inadequacies of existing enabling laws. Prevention of cybercrime requires the co-operation of all the citizens and not necessarily the police alone who presently lack specialists in its investigating units to deal with cybercrime. The eradication of this crime is crucial in view of the devastating effect on the image of Nigeria and the attendant consequence on the economy. Out of over 140 million Nigerians less than 5x10-4% are involved in cybercrime across Nigeria.
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