Nigerian banks’ losses to fraud dropped to N468m in Q1 2024 – Report

Nigerian banks lost N468 billion to frauds in the first quarter of 2024. This represents a decline of N1. 62 billion when compared to the N2.09 billion recorded by the banks in Q3|2023. The Financial Institutions Training Centre (FITC) disclosed this in a Report on Fraud and Forgeries in Nigerian Banks for Q1 2024 released [...]The post Nigerian banks’ losses to fraud dropped to N468m in Q1 2024 – Report appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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