AfriGO and Moniepoint have announced a partnership to distribute 5 million contactless cards in Nigeria,
Nigeria’s financial institutions lost 52.26 billion Naira (about $34.8 million) in 2024 due to fraud
Fraudsters have fraudulently registered BVNs using static images, stealing N329 million. A report by NIBSS
Nigeria’s banking fraud increased dramatically from N11 billion in 2020 to N52 billion in 2024.
Banking fraud losses in Nigeria have surged to 52.3 billion naira in 2024, up from