Fraudsters Steals N42.6bn from Nigerian Banks as Financial Institutions Explain Service Disruption

Fraudsters Steals N42.6bn from Nigerian Banks as Financial Institutions Explain Service Disruption …C0NTINUE READING HERE >>>

The Association of Mobile Money and Bank Agents in Nigeria said fraudsters stole N42.6 billion from Nigerian banks in Q2 2024The losses were traced to agent locations in Benin City, Edo State, utilising stolen phones, cards, bogus warnings, and ransom money, according to the AMMBANThe AMMBAN disclosed that the losses were connected to the locations of agents who used ransom money outs, bogus alerts, stolen phones, and cards

Henzodaily.ng journalist Zainab Iwayemi has over…

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