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110 Top Executives, Others Sacked over N82bn Fraud – Report 

110 Top Executives, Others Sacked over N82bn Fraud - Report  The Financial Institutions Training Centre report has revealed that at least 110 top bank executives and junior staff members have been sacked for fraud-related cases in the past two years. These were contained in the ‘Reports...

In Six Months, Banks Lose N6bn to Fraud – Report

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...

Bank Customers Lose N472m To Fraudsters In Three Months – Report

Bank Customers Lose N472m To Fraudsters In Three Months - Report A report by FITC has revealed that bank customers in Nigeria lost N472m to fraud in the first quarter of 2023. It was also disclosed that there was a total of 12,553 cases of fraud...