Financial Institutions Training Centre (FITC) has reported that mobile fraud, computer/web fraud, and Point of Sale (PoS) fraud cases made Nigerian banks lose N6billion...
President Bola Ahmed Tinubu has received a petition against Alhaji Aliko Dangote, Africa’s richest man, over $3.4 billion allegedly siphoned through the Central Bank...
Nigeria Electronic Fraud Forum (NEFF) has called on stakeholders in the financial sector to collectively address and mitigate risks posed by electronic fraud. Mr...
Central Bank of Nigeria (CBN), has said that the accumulated Electronic Fraud (E-Fraud) within the banking sector and payment systems network has led to...
Central Bank of Nigeria (CBN) has raised concerns over the increasing rates of Illegal Financial Operators’ (IFOs) activities in the country. CBN in a...
Central Bank of Nigeria (CBN) has reportedly formulated plans to stop the naira’s relentless decline versus the dollar. One of these strategies is to...