The Nigerian banking sector has witnessed a concerning rise in fraudulent activities, with incidents of fraud in bank branches increasing by 31 percent in the second...
Financial Institutions Training Centre (FITC), has reported an 8,993 per cent rise in fraud losses in Nigeria banks, totaling N42.6 billion in second quarter of this...
Deposit Money Banks (DMBs) in Nigeria recorded a total loss of N468.42 million dues to fraudulent activities in the first quarter of 2024, according to Financial...
Nigerian banks lost a total of N2.09 billion to frauds in Q4 2023 with mobile emerging as the top channel through which the largest amount was...
Mastercard, in collaboration with the Committee of E-Banking Industry Heads for Nigeria (CeBIH), recently hosted the second edition of its annual Fraud Forum in Lagos, Nigeria....
Report by the Financial Institutions Training Centre (FITC) shows that Bank customers in Nigeria lost N472 million to fraud in the first quarter of 2023, according...
A report by the Financial Institutions Training Centre (FITC), has disclosed that Bank customers in Nigeria lost over one billion naira to Banks’ branch and mobile...
Commercial banks in Nigeria in the last three years, disbursed over N7 trillion in loans and advances to customers, a feat the Central Bank of Nigeria...