Home Procurement NewsNigerians Lose ₦42 Billion To POS, Mobile Phone Fraud In Second Quarter of 2024 – FITC

Nigerians Lose ₦42 Billion To POS, Mobile Phone Fraud In Second Quarter of 2024 – FITC

September 18, 2024•

A recent report by the Financial Institutions Training Centre (FITC) has revealed that Nigerians lost a staggering ₦42 billion to fraud involving point-of-sale (POS) systems and mobile phones between April and June 2024. The report, which covers the second quarter of 2024, indicates that fraudulent activities related to computers, mobile devices, and POS systems were […]

Was this article helpful?

YesNo

Last modified: September 18, 2024

Previous: NANS slams UI over tuition hike, seeks FG’s intervention

Next: Alaska closes $1.9 billion acquisition of Hawaiian Airlines after DOT blessing

Are you ready to join the Community?

Join the Conversation!

Community of Practice Portal aims to bring together key stakeholders in the procurement landscape in Nigeria to leverage on each others skillset in relation to understanding Procurement data in a bid to use these data to create stories and to generate action from the government.

Community of practice platform is an initiative under Anti-Corruption Innovation Project, a UNDP funded Project in collaboration with Accountability lab Nigeria, and Open Contracting Partnerships