Fidelity Bank Customers Lost N2.1bn As Fraud Cases Rise By 22.3%

Fidelity Bank Plc and its customers suffered N2.1bn loss after the lender saw a surge in fraud and forgery cases in 2023.

Fraud and forgery cases rose by 22.2 per cent year-on-year from 2,518 recorded in 2022 to 3,079 in 2023, according to the bank’s financial statement analysed by THE WHISTLER.