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Naira scarcity: Fraudsters becoming more creative, NDIC warns bank customers


Amid nationwide naira scarcity and growing efforts by Nigerians to use electronic means to pay bills and do other transactions, the Nigeria Deposit Insurance Corporation (NDIC) has warned bank customers and the public against displaying their bank details, saying fraudsters are becoming more creative.

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

The corporation said customers should ensure that their phones have a password, and they must not share their mobile bank application password with anyone.

NDIC also warned bank customers to ensure their token was secure and other parties could not access it.

The corporation urged customers to ensure that their debit card numbers and the card verification value (CVV) were not made public.


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