Nigeria: Banking Industry Losses to Frauds Drop By 24.29% in 2016 – NDIC
Nigeria Deposit Insurance Corporation has said that the reported cases of frauds, forgeries and outright theft involving bank staff declined by 48.12 percent from N18.02 billion in 2015 to N8.68 billion in 2016, while the actual losses to the nation’s banking industry dropped by 24.29 percent from N3.17 billion in 2015 to N2.40 billion in
