Eight banks lose N1.9bn to fraud in one year

Eight deposit money banks in Nigeria lost a total of N1.9bn as a result of fraudulent incidents last year, data collated from their annual reports have shown. They are Zenith Bank Plc, Access Bank Plc, Union Bank of Nigeria Plc, Guaranty Trust Bank, Wema Bank Plc, Fidelity Bank Plc, Polaris Bank Plc and Sterling Bank…