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Home Economy/Technology

NDIC warns banks on increase in fraud

NDIC

The Matters Press by The Matters Press
March 11, 2023
Reading Time: 1 min read
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NDIC gives hope to customers of Fortis Bank

The Nigeria Deposit Insurance Corporation (NDIC) has warned bank customers and the public against displaying their bank details saying fraudsters were becoming more creative.

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The NDIC in its official website on Friday gave out four tips for bank customers to safeguard their accounts.

The Corporation said that customers should ensure that their phones had password and they must not share their bank mobile application password to anyone.

NDIC also warned bank customers to ensure that their token were secured and other parties did not have access to it.

The Corporation also urged customers to ensure that their debit card numbers and Card Verification Value (CVV) were not exposed to people.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
  • ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR
  • Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

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