In Six Months, Banks Lose N6bn to Fraud – Report Mobile fraud, computer/web fraud, and Point of Sale fraud cases made Nigerian banks to record 24,232 fraud cases in the first six months of 2023, a report by FITC has disclosed. The report was titled, “Reports...

Banks in the country reported a total of 12,279 fraud cases in 2015, the just released annual report of the Nigeria Deposit Insurance Corporation (NDIC) has revealed. The development represents an increase of 15.71% over the 10,612 fraud cases reported in 2014. However, the amount...