Silent guardians: The unremarked role of IT auditors

Daily Trust | 21-08-2026 12:34pm |

The article recounts the role of IT auditors during Nigeria's banking crisis in the late 1990s. It notes that on 16 January 1998, the Central Bank of Nigeria revoked the licenses of 26 banks, with 34 institutions technically insolvent. The crisis was exacerbated by unchecked cybercrime, as banks had computerised without adequate security measures. IT audit pioneers, though unheralded, provided essential services to safeguard the financial system and economic sovereignty.

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