Report: Banking Sector’s Losses To Fraud Surge 496.96%

The amount of mon – ey lost to fraud in Nigeria’s banking sector jumped by 496.96 per cent or N14.71 billion, between 2019 and 2023, a report by SB Morgen (SBM) Intelligence has said. According to the report, the amount of money lost to fraud in the country’s financial sector maintained an upward trend in...The post Report: Banking Sector’s Losses To Fraud Surge 496.96% first appeared on New Telegraph.The post Report: Banking Sector’s Losses To Fraud Surge 496.96% appeared first on New Telegraph.

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