Nigeria's banking sector contributes 70% to financial crimes; EFCC urges Chief Audit Executives to combat issues.

EFCC states that Nigeria's banking sector contributes 70% to financial crimes; Chairman Ola Olukoyede urged Chief Audit Executives to combat these issues and maintain trust and integrity in the sector. The rising fraudulent activities pose significant challenges and concerns for the EFCC, with insider and outsider enablers contributing to banking fraud in Nigeria.