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As of the second quarter of this year, financial institutions, particularly commercial banks, in the nation lost N5.7 billion to fraud. 11,679 incidents in total were reported, and when compared to 12,553 cases recorded in Q1, a 6.96 percent decline is seen, according to the FITC’s Q2 Fraud and Forgeries Report. The Central Bank of […]
The post 24 Banks Lost N5.7 Billion To Fraud Due To Increased Digital Crime In Q2 appeared first on The News Chronicle.
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Last modified: August 25, 2023
