Nigerian lenders are caught in an all time high loss of about N6.22billion epayment related fraud in 2014. This remarkable figure represents 1,181.4 percent increase from N485.1million in 2013.
Automated Teller Machine (ATM), Point of Sale (POS), and Web related fraud accounted for the largest chunk
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Iheanyi Nwachukwu
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
