The Economic and Financial Crimes Commission (EFCC) has uncovered what it described as widespread negligence and compromise within Nigeria’s banking and fintech ecosystem, linking some financial institutions to two major fraudulent schemes that have cost victims a combined total of N18.74 billion.
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
