Tag: fraudsters

Banks lose N18bn to fraudsters in 2023 -NIBSS

by Ikenna Ngere

April 29, 2024

The Nigeria Inter-Bank Settlement System has said that financial institutions lost about N17.67bn to fraud in 2023. This was disclosed in its Annual Fraud Landscape (January to December 2023) which was published ...

Bank customers lose N2.72bn to fraudsters – Report

by Ikenna Ngere

January 29, 2023

A report by FITC has revealed that bank customers in Nigeria lost a total of N2.72bn to fraud in the first and second quarters of 2022. It was also disclosed ...