Bank customers lose N134.48 billion to fraud in six years – CBN

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Bank customers lose N134.48 billion to fraud in six years – CBN

AI Summary

Between 2020 and 2025, Nigerian bank customers lost N134.48 billion to fraud, according to the Central Bank of Nigeria's Payments System Vision 2028 report. The data highlights ongoing financial security challenges in Nigeria’s banking sector.

Nigeria’s bank customers lost a cumulative N134.48 billion to fraud between 2020 and 2025, according to data contained in the Central Bank of Nigeria’s recently released Nigeria Payments System Vision 2028 document. The post Bank customers lose N134.48 billion to fraud in six years – CBN appeared first on Nairametrics.

World Security Markets Nigeria bank fraud Central Bank of Nigeria financial losses payments system

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