- The US, the UK, Ireland, and seven other countries are among the top 10 countries where fraud cases happened targeting Nigerian bank customers
- The annual fraud rate increased by 11% in 2023 from 44.947 cases in 2019 to 95,620 cases in 2023
- The United States recorded the highest fraud cases targeting Nigerian bank customers in the period under review
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.
In the past five years, Nigeria’s financial industry has seen an increase in fraudulent activities and a growth in digital payment transactions.
