JUST-IN: Nigerian Banks Lose N42.6 Billion To Fraud In Q2 2024, Surpassing Full-Year 2023 Record
A surge in fraudulent activities across banking platforms in Nigeria led to a loss of N42.6 billion by Nigerian banks in three months between April and June this year. This was revealed by the Financial Institutions Training Centre (FITC) in its Q2 2024 Fraud and Forgeries report just released. Without adding the Q1 record, the…