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Bank Customers Lose N3.6bn To cyberfraud In Two Years

Bank Customers Lose N3.6bn To cyberfraud In Two Years   A total of 63,895 bank customers lost N3.6bn to cyberfraud in two years, 2017 and 2018, the Nigeria Electronic Fraud Forum has disclosed. The Chairman, NeFF, Sam Okojere, who is also the Director, Payments System Management Department,...

Banks Urge Customers to Submit Forex Bids Ahead

Deposit Money Banks have asked customers to submit bids ahead of the start of new interbank foreign exchange trading today. The Central Bank of Nigeria had on Wednesday announced plans to begin market-driven trading of the naira to alleviate chronic foreign exchange shortages. Banks asking customers...

Bank Customers Defy ‘No Banking Day’

The call by the Consumer Advocacy Foundation of Nigeria (CAFON), a non-profit making organisation for bank customers, to shun banking services Tuesday in order to protest the implementation of the stamp duty charge and other charges by commercial banks was completely ignored by residents...