By Gloria Ugwuoke ₦52.26 billion. That is the staggering amount Nigerian financial institutions lost to fraud in 2024 alone ...
In a unanimous judgement delivered on January 30, 2026, the apex court held that the Federal High Court lacked jurisdiction ...
That makes whatever “celebration” attached to this crash mere cold comfort. With this high level of fraud, the Nigerian banking system is clearly endangered. The channels for these humongous thefts ...
As Nigeria’s digital payments ecosystem expands rapidly, customers are increasingly judging banks not just by convenience or ...
Given that bank customers usually do not perceive digital fraud as an issue with a specific financial institution, but with ...
AllAfrica on MSN
13,417 Nigerian fraudsters listed on person of interest portal
At least 13,417 individuals linked to fraudulent activities in Nigeria's financial system have been captured on the Person of Interest Portal jointly developed by the Nigeria Inter Bank Settlement ...
What linking a SIM card, opening a bank account and registering for examinations share in Nigeria is the growing requirement ...
Nigerian CommunicationWeek on MSN
NIBBS to boost financial inclusion with offline payment solutions
The Nigeria Inter-Bank Settlement System (NIBSS) is looking into offline payment solutions as part of its efforts to increase financial inclusion and reach Nigerians who have limited or no access to ...
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