EFCC: Court Sentences man To 10 Years for ATM Fraud In Kaduna
Justice A.A Bello of the Kaduna State High Court convicted and sentenced Idris Musa to ten years in prison for engaging in Automated Teller Machine (ATM) fraud.
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Naira Scarcity: ATM Usage Drops To 40% With Surge In Online Banking – KPMG
A report by KPMG titled "In Pursuit of Value" revealed a decline in weekly Automated Teller Machine (ATM) usage, dropping from 70% to 40% due to the scarcity of physical cash in circulation.
EFCC Exposes Current ATM, PoS Scams, Advises Nigerians On How Not To Lose Money
The Economic and Financial Crimes Commission (EFCC) has uncovered prevalent sharp practices at Automated Teller Machine (ATM) galleries where fraudsters under the guise of helping confused bank customers hurriedly swap identical debit cards while memorizing the unsuspecting customers’ PINs used in trying
Nigerian Banks Record Over N200 trillion Transaction Via Kiosks, POS, ATM, Others
The adoption of electronic transactions has continued to grow among Nigerians, as the Nigeria Inter-Bank Settlement Systems (NIBSS) reported a significant rise in the digital channel. According to the Nigeria Inter-Bank Settlement Systems, transactions via electronic channel rose by 40% within the
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