Banks Lost N3.3Bn to Fraud in Q1 of 2025 – FITC

[Nigeria Communications Week - Nigeria] - 15/11/2025
Nigerian Banks have recorded a N3.3 billion loss to fraudulent activities during the first quarter of 2025, a 603% year-on-year (YoY) increase from N468 million in the first quarter of 2024, according to The Financial Institutions Training Centre (FITC). This is contained in a September 2025 (…)
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