The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and Chief Executive Officers of commercial banks have received an invitation from the House of...
The Financial Institutions Training Centre (FITC) has expressed concerns over the increasing cases of fraud in Nigeria. This is as the institution reveals that it recorded...
The prevalence of fraud and forgery in Nigeria’s payment system has shown a significant shift in the first quarter of 2024, with Point-of-Sale (POS) transactions experiencing...
The Economic and Financial Crimes Commission (EFCC) has made a startling revelation, implicating banks in Nigeria in a significant portion of the nation’s financial crimes. During...
In the first eleven months of the year, Nigerians performed transactions worth N7.56 trillion on Point of Sale (PoS) terminals, according to the data released by...
Residents of Lagos state have raised alarm over the rising case of POS fraud in the state as criminals continue to illegally access their funds.