...Five banks raise IT spending in H1 2025
Akin Adeola, a 400-level student of Lagos State University, was attacked by armed robbers earlier this year. She thought the worst was over after losing her phone. But soon after, she began receiving bank debit alerts.
Within hours, she noticed that fraudsters had wiped out her entire balance, leaving her with nothing. Akin confessed that only one of her banks had intervened before the fraudsters struck.
“I did everything I was supposed to do. I reported to my banks i
