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Three of Nigeria’s biggest banks lost $1.56 million to fraud in 2025

TechCabal · May 11, 2026 at 13:42 · 1h ago
Three of Nigeria’s biggest banks lost $1.56 million to fraud in 2025
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📋 Summary 42 words
Nigeria's biggest banks lost $1.56 million to fraud in 2025. While incidents fell, fraudsters are extracting more per attack as digital payments scale. Nigeria's biggest banks lost $1.56 million to fraud in 2025. While incidents fell, fraudsters are extracting more per attack as digital payments scale.
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