Concerned by the low level, less than 20 percent of fraud reporting by deposit money banks, the Central Bank of Nigeria (CBN) has moved with more punitive measures to ensure full compliance.
The CBN said it would today or on Monday issue another circular to all banks to speed up to capture all their
```
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.
```
HOPE MOSES-ASHIKE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
