Zenith Bank Loses N376m to Fraud, Forgeries in Six Months
Nigeria, Oct. 13 -- Zenith Bank Plc says it recorded an actual loss of N376 million to fraud and forgeries in the six months ended June 30, 2026.
The bank disclosed this in its second-quarter financial statement published on the Nigerian Exchange Group (NGX) platform on Tuesday. According to the report, 171 fraud cases were recorded during the period under review.
The bank also received 7,914 customer complaints and resolved 6,780 of them as of June 30, the report said.
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It added that the number of complaints received exceeded the 7,599 recorded in the corresponding period of 2025, while the number of complaints resolved was reported at 8,503 in the same period last year.
The report further stated that claims arisin...
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