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Nigeria’s Banking Fraud Losses Hit N12.3Bn In Four Years

Nigeria’s banking industry lost N12.30 billion to various frauds, involving 41,461 cases, between 2014 and 2017. The Managing Director of Nigerian Inter-Bank Settlement System (NIBSS), Mr Adebisi  Shonubi, made this disclosure at the third Annual Banking Security Summit, with the theme: “Digital Channels & Open Banking Security,” organised by MAXUT Consulting, in partnership with OneSpan, […]