How to Protect Your Bank Account from Online Fraud in Nigeria

Fraud is rising. Here is how to stay safe.

Never Share

  • Your PIN — never to anyone, ever
  • OTP codes — no bank staff will ask
  • Your BVN — private info
  • Your card CVV

Red Flags

  • "I sent too much, refund the difference"
  • "Confirm your OTP to receive payment"
  • Links to fake bank pages
  • Callers claiming to be from your bank

Enable These

  • 2FA on your bank app
  • Transaction alerts via SMS and email
  • Biometric login
  • Daily transaction limit

If You Are a Victim

  1. Call your bank within 24 hours
  2. Freeze the account
  3. Report to the police
  4. File at EFCC for large losses