Key points Main story Nigerian banks and their customers lost a combined ₦134.48 billion to fraud between 2020 and 2025, underscoring the growing security challenges accompanying the rapid expansion of digital payments and financial technology services across the country. The figures are contained in the Central Bank of Nigeria’s (CBN) Nigeria Payments System Vision 2028 … Continue reading Banks, customers lose N134.48bn to fraud in six years as digital Payments expand — CBN