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NDIC: Banks’ Losses to Fraud Jumped to N15.15bn in 2018 - THISDAYLIVE
Pays N116.25bn to depositors, shareholders of failed institutions James Emejo in Abuja The banking industry lost N15.15 billion to cases of fraud last year, indicating an increase of 539 per cent when compared to the N2.37 billion lost in 2017. Also, the total amount involved in fraud in the year under review stood at N38.93 …