Business H1’18: Banks’ losses to fraudsters rise by 1,446% to N12bn – Vanguard News Nigeria

Central Bank of Nigeria (CBN) has reported a staggering 1,446 percent rise in banks’ losses to fraudsters amounting to N12 billion within the first six months of 2018.

The apex bank reported this in its 2018 Half-Year Report (H1’18) released last week, while lamenting prevalence of …

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Read more via Vanguard News Nigeria – https://ift.tt/2qv8TW4

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