First Bank of Nigeria (FBN) Limited debunked a recent publication by Tech Cabal containing allegations of fraud involving the institution on Friday.
The online news platform reported that Nigeria’s oldest bank was hit by a massive fraud incident that led to the theft of N7 billion from customer accounts by unknown persons.
According to a statement ‘Correction of Misleading Information Regarding Fraud Allegations’ by Olayinka Ijabiyi, Acting Group Head, Marketing & Corporate Communications, the bank said, “We wish to categorically state that the story is entirely unfounded and not supported by any factual evidence.”
