Nigeria: Concerns Grow Over Rising Fraud Cases in Banks

17 March 2014

The number of reported cases of fraud and forgery in the banking industry has been on the increase since last year, THISDAY learnt at the weekend.

According to banking sources, while there been growing attempt to defraud bank customers, especially on electronic banking channels, disenchantment by some workers who feel their jobs are no longer secured due to the increasing demand for deposit mobilisation and other performance indicators by their employers in view of the tight monetary policy environment, have led some bank workers into criminal acts.

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