CBN Tightens Rules After ₦26 Billion Drop In Electronic Fraud Losses
CBN Mandates Faster Bank Response to Fraud Complaints THE Central Bank of Nigeria (CBN) has directed commercial banks to respond to electronic fraud complaints within 30 minutes, following a significant 51 per cent reduction in fraud-related losses across the financial sector in 2025. The new directive, announced at the Nigeria Electronic Fraud Forum (NeFF) Technical […]
