Abstract
The internet is a tool that drives globalization and enhances global inclusion and integration. It has become imperative to make use of information and communication technology in this era of increased broadband access to the internet. The use of information and communication technology has increased the commission of cybercrime such as data breaches, identity theft and cyber fraud. This paper aims to identify the relevance, authenticity and nexus between digital transactions and cybercrimes in Nigeria. This paper seeks to give a summary of cybercrime and digital transaction laws in Nigeria, as well as the challenges inherent in applying them. The methodology adopted is the doctrinal method of legal research approach in literature review, analysis of cases and access to internet sources. This paper made use of primary sources of data such as such as enabling laws, acts and secondary sources of data, conventions, journal articles and the study is also analytical and comparative in nature. The paper finds that the legal and institutional framework for digital transaction laws in Nigeria is somewhat limited. Some digital forensic tools have not been recognized by our laws in Nigeria. The paper concludes that the extant legal framework for digital transaction laws in Nigeria has lapses that impair the evidence emanating from digital tools/records. This paper recommends amongst others; training of prosecution officers, legal practitioners and judicial officers in the collection and use of forensic/digital evidence in court of law, review of some of our extant laws and creation of institutional framework for digital transaction laws in Nigeria.
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