Fraudsters

News

Fraudsters Steal ₦134bn From Banks, Customers In Six Years As Digital Payments Expand – CBN

Felix Ifijeh, THEWILL - June 19, 2026

June 19 (THEWILL) — Banks and their customers lost a combined ₦134.48bn to fraud between 2020 and 2025, underscoring growing security challenges within Nigeria’s rapidly expanding digital payments ecosystem, according to the Central Bank of Nigeria. Data contained in the...

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THEWILL is our contribution to the struggle for a better country and future. We will hold those entrusted with power accountable for its daily exercise and advocate for justice and human rights. We will be relentless in our pursuit of the truth with unbiased and investigative journalism.

45 Years Of CBN Intervention

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