NIBSS

Nigeria’s Digital Fraud Losses Fall 51% as Banks Tighten Controls Nigerian banks discuss strategies to reduce digital fraud

Nigerian banks discuss strategies to reduce digital fraud

Nigeria’s Digital Fraud Losses Fall 51% as Banks Tighten Controls

Chukwu Obinna January 21, 2026

LAGOS, Nigeria – Nigeria records a 51 per cent drop in digital payment fraud losses in 2025,...

CBN Mandates Dual Connectivity for All PoS Transactions Central Bank of Nigeria headquarters in Abuja

Central Bank of Nigeria headquarters in Abuja

CBN Mandates Dual Connectivity for All PoS Transactions

Koko Maxwella December 12, 2025

Abuja, Nigeria – Nigeria’s central bank tightens oversight of electronic payments, mandating dual connectivity for all Point-of-Sale...