This post was originally published on this site.
Wema Bank suspends Telegram presence amid rising impersonation fraud targeting customersBank warns customers of fake accounts claiming to represent Wema Bank on TelegramCybersecurity efforts strengthen as Nigeria’s banks face increased digital fraud challenges
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Wema Bank Plc has suspended its presence on Telegram after uncovering a growing number of fraudulent accounts impersonating the bank and targeting unsuspecting customers.
The lender announced the move in a notice sent to customers on Monday, June 29, 2026, warning them not to interact with any Telegram account claiming to represent either Wema Bank or its digital banking platform, ALAT.
Wema Bank alerts customers as it suspends social media accounts over impersonation. Credit: Wema BankSource: UGC
The decision forms part of the bank’s broader efforts to curb online fraud and protect customers from increasingly sophisticated cybercriminals exploiting social media platforms.
Bank issues strong
