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Nigerian fintech lost ₦146 Million initially recovered from fraudsters
TechCabal - Aug 26, 2024
Financial institutions reported 11,472 fraud cases in Nigeria in the first quarter of 2024. A fintech in Africa lost ₦146,188,208 ($317,200) of recovered funds due to a fraudulent hack.
Financial institutionsAfrican fintechKYCNigeria
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