Monday, April 6, 2026

# Nigeria banking

1 article tagged

Business

FCMB Reduces Risk Amid Fraud Encounter

First City Monument Bank (FCMB) recently faced a sophisticated fraud attempt that targeted over ₦3 billion, ultimately resulting in around ₦677 million being unlawfully obtained. Recovery efforts are currently in progress, along with legal cases involving the perpetrators.

8 min read
EFCCFCMBNigeria banking