Tags: CBN

CBN says Electronic fraud to hit N6tn next 3years

The Central Bank of Nigeria (CBN) has warned that electronic fraud losses in the banking system would reach N6.1 trillion by 2021. Director, Consumer Protection Department of CBN, Mr Sunday Salam-Alada said in Benin City at the ongoing workshop for Business Editors and Finance Correspondents, organised by Nigeria Deposit Insurance Corporation (NDIC). According to him,…