Fraud
UBA Loses ₦1.14 Billion to Fraud Despite Record Profits
Banks like UBA must invest in stronger cybersecurity measures, fraud detection… Read More
How Criminals Exploited BVN Loopholes to Steal Over ₦1 Billion
The recent exposure of large-scale BVN fraud in Nigeria’s banking system… Read More
Fraud Bust in Lagos: ESET Weighs in on EFCC’s Arrest of 792 Cryptocurrency Scam Suspects
The battle against online fraud is far from over, but with… Read More
How Foreign Scammers Are Using Nigeria as a Base to Target Victims Worldwide
Among those detained were 148 Chinese and 40 Filipino nationals, exposing… Read More
PalmPay Takes a Stand Against Fraud as Nigeria Faces ₦42 Billion Loss in Q2 2024
Amidst this alarming trend, PalmPay, a leading digital financial platform in… Read More
The Crisis of Trust – Internal Fraud in Nigerian Banks and the Erosion of Customer Confidence
The impact of internal fraud goes beyond lost money; it has… Read More
First Bank ₦40Bn Fraud Scandal: Sacks Over 100 Employees
First Bank of Nigeria terminated over 100 employees, following the revelation… Read More
OPay Set to Clamp Down on Scammers, Begins Home Address Verification
OPay, a leading mobile money operator, has announced that physical address… Read More