Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Nigeria loses nearly $25 million to thefts by bank staff

August 10, 2017 Reprints

Alhaji Umaru Ibrahim, managing director of Nigeria Deposit Insurance Corp., said that the country lost 8.7 billion naira ($24 million) to thefts by bank staff in 2016, AllAfrica reported, citing Daily Trust. The figure reflects a decline of more than 48% compared with more than NGN 18 billion recorded in 2015. Reported cases of fraud and forgeries grew nearly 36.5% to more than 16,750 from nearly 12,300 cases in 2015, Mr. Ibrahim said.

Help

Nigeria loses nearly $25 million to thefts by bank staff

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources