Tag: How Banking sector records N9.5bn losses to electronic fraud in five years – CBN

The Central of Nigeria, CBN, says accumulated Electronic Fraud within the financial sector has led to a loss of N9.5 billion in 2023. The Director of Payment Systems Management of CBN, Musa Jimoh disclosed this on Friday at the Third Quarter general meeting of the Nigeria Electronic Fraud Forum, NeFF. He said that between 2019…