Access Bank records N1.69bn loss to fraud in 2024 despite strong earnings surge
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2 Articles
Access Bank records N1.69bn loss to fraud in 2024 despite strong earnings surge
Access Bank Plc, one of Nigeria’s leading financial institutions, suffered a financial loss of N1.69 billion to fraud-related incidents in 2024, according to its Full Year 2024 Financial Report released on Wednesday, April 16, 2025. The report, obtained by this publication, detailed that the bank experienced 11,410 successful fraud incidents involving N3.5 billion within the year under review. This reflects a significant increase in the number o…
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