Pryme
Sign up
Pryme Personal

Money with a heartbeat.

Meet Eva, the assistant inside the Pryme app. She opens accounts, moves money, saves toward your goals and follows up. Nothing leaves your account without your approval.

Meet Eva, the assistant inside the Pryme app. She holds dollars, pounds, euros and Naira side by side, swaps at a locked rate, pays bills in any of them and sends anywhere, asking before anything moves.

HomeEvery currency, every Box and every card on one screen.
Chat with EvaTell her the goal. She handles the steps and asks before anything moves.
Savings BoxesFlexible, Fixed, Investment and Interest-free, side by side.
Create a BoxPick the type, name the goal. Eva works out what to move, and when.
LoansSpaces credit and Salary Advance. Draw only what you need.
Invite friendsThree friends, ₦50,000 each, and ₦20,000 lands with you.
YouEva’s voice, your plan, your address and every security control.
Duress signalA word that looks normal on screen while your people are alerted.
Chat with EvaTell her the goal. She handles the steps and asks before anything moves.
Swap at the live rateOr name the rate you want and she swaps the moment it lands.
One card, every currencySpend from whichever balance suits, and freeze it from the app.
What Eva may do without askingStanding permissions, a voice, and a record of every rule you have given her.
Receipts anyone can verifyRegular or certified statements, e-signed and checkable by whoever receives them.
Open a personal account How we keep your money safe
Pryme app: Home
Pryme app: Chat with Eva
Pryme app: Savings Boxes
Pryme app: Create a Box
Pryme app: Loans
Pryme app: Invite friends
Pryme app: You
Pryme app: Duress signal
Pryme app: Chat with Eva
Pryme app: Swap at the live rate
Pryme app: Multicurrency card
Pryme app: What Eva may do without asking
Pryme app: Receipts and statements
MoneyAgentsApprovalAgentsEvery currencyYour approval

Open an account. Get money to spend.

Global money. Intelligent growth.

We give you a limit to spend at the shops and services you already use — and an account that works on your month while you get on with it. Dollars, pounds and euros sit beside your Naira, and an assistant handles the running of it, asking you first every single time.

One global account for your money and business. Move across currencies, automate everyday operations and put AI agents to work — with you in control of every important decision.

Open Personal or Business Account Already with us? Log in
Open a Business account Download the app for Personal Open an account from anywhere
Pryme app home: every currency on one balance
Personal · the app in your hand
Salary landed₦920,000 from John Doe Ltd · Naira account
Done
Move ₦100,000 to your Rent Box?Keeps ₦127.9m liquid · earns 18% p.a.
Approve
Paid Ikeja Electric₦18,400 · token sent by SMS
Done
Swap $200 → ₦310,000?Rate locked at ₦1,550 for 30 s
Approve
Held a ₦150,000 transferNew payee · unusual hour · needs you
Review
Received $2,400From a client · USD account
Done
Swap $200 → £—?Rate locked for 30 s
Approve
Paid the light bill at home₦18,400 · Ikeja Electric
Done
Keep $1,000 liquid, save the rest?$1,400 → Flexible Box
Approve
Held a £2,000 transferNew payee · needs you
Review
Eva is live
500,000+customers, personal and businessScan to get the app
Get the appScan with your phone camera
Regulated partnersEvery currency held with a licensed institution in its market
Solid AllianzeCBNNDIC
Scan to get the app
Get the appScan with your phone camera
Instant settlementOur own core ledger: swaps land at once, every receipt verifiableScan to get the app
Get the appScan with your phone camera
Agents with a mandatePowered by Pryme Intelligence. Nothing moves without youFlip
Pryme Intelligence
Eva, the assistant that runs a Pryme accountEvayour assistant
The Chief of Staff agent on a Pryme Business AccountDanielChief of Staff
The Finance agent on a Pryme Business AccountBenFinance
PrymeBruceCare
Inside a mandate you write. Every action logged.
Multi-currency30 currencies on one balanceFlip
Locked rates30 s
🇺🇸 1 USD—
🇬🇧 1 GBP—
🇪🇺 1 EUR—
The rate you see is the rate you get.
10 years2016 to today, one trunkScan to get the app
Get the appScan with your phone camera
Business Account

Open an account. Get customers.

Your competitor down the road sells the same thing you sell. The difference is who walks in. We put money in people’s hands that can only be spent in businesses like yours — and then we point them at you.

The Pryme Business home page: three currency balances on one account, the money actions, five agents working and a live stream of what they have done
Business · the page your team signs into
Spaces · Nigeria

We hand the customer the money. It can only be spent with you.

You are not borrowing. You are selling to somebody who already has the money — and that money can only be spent with a business like yours.

The business · Pryme Business
johndoe.mypryme.com · Spaces

Spaces Showing 30 days

Spaces is onshoppers near you can see your shop
Spaces brought you · 30 days ₦2,578,550.00 104 sales from 71 shoppers ▼ 4% on the period before
Where the money came from
91% shoppers who had been in before 9% first visit to your shop
21 of 71 came back more than once Average basket ₦24,793.75 Biggest shopper ₦142,300.00
24 Jul returningnew to you 22 Aug
Money on its way to you confirmed at the counter · on its way to your Naira account
Confirmed at the counter ₦47,150.002 sales today · final the moment they paid
Sales of 23 Aug₦90,9503 sales · confirmed
Sales of 24 Aug₦196,2005 sales · confirmed
Sales of 25 Aug₦47,1502 sales · confirmed
nothing for you to do · it arrives on its own
Lands in your NGN account ₦334,300.0010 sales in flight
The shopper · Pryme app
4:34
‹
BorrowLoans
SpacesSalary Advance
Spaces credit₦21,450 available
Repay ₦78,550
₦78,550 in use₦100,000 limit
Hold 25% · repay 2 more early to drop to 20%

₦100,000 from day one · agreement v2.1 · 12 Aug · View

Near youCategories 9Your loans 9
🛒Grocery / Retail4 places
🍽Eateries / Restaurants4 places
💊Pharmacies3 places
🎬Movies & Cinema3 places
🚌Transport3 places
💇Spa’s & Saloons3 places
Say “Hey Pryme”🎤
HomeBoxes CardsYou
Freeto join, nothing monthly. You are in the app the day you switch it on.
You get paidthe sale settles into your Naira account. Nobody to chase.
Zero riskwe carry the credit, whether or not the shopper repays us.
You growfaces that had never been to your shop — and most come back on their own.
The account

One account. Every currency you trade in.

Pryme Business4 currencies · one ledger
Base
₦127,328,879.23NGN · Nigerian Naira
$1,240.00USD · US Dollar
£480.00GBP · Pound Sterling
€310.00EUR · Euro
  • A named Naira account with Solid Allianze MFB — NDIC insured, your business name on it.
  • Real details abroad. A US account number, a UK sort code, an IBAN for the euro area.
  • Every currency has its own statement — regular or certified, with a code anyone can verify.
Swapping · in the app
4:34
‹···
Current account · NGN ₦127,328,879.23
SwapBoth balances move at once, on one ledger
Fill it inAsk Eva
$1 = ₦1,650.00
FromNGN ▾
250,000Available ₦127,328,879.23
ToUSD ▾
151.52after swap $1,391.52
Rate$1 = ₦1,650.00
Fee—
You get$151.52
NowWhen it hits

Eva waits for your rate and asks before she moves anything.

Target rate
$1 =1,585.00₦
Set the watch
Pryme Pay

Take money on your site, or on a checkout of your own.

No card, no OTP, nothing for the buyer to type in. They transfer from the bank app they already use, and the money lands in the same account your agents are running — already matched to the order, already in your books.

Pay from your bank app

We give the buyer a one-time account number. They transfer to it from any bank app or by USSD — no card, no OTP, nothing to type in.

Get the account number
  • Card details are never asked for, so they cannot leak.
  • The account is used once, then it closes.
  • Held with a licensed bank, insured by the NDIC.
Transfer exactly this amount

To this account, from any bank app. We watch it, and the page updates itself.

Send exactly₦26,767.50Copy
BankSolid Allianze MFB
Account number0000 000 000Copy
Account namePRYME / JOHNDOE‑ORD1042
Watching the account — nobody has to confirm anything.
Payment received

₦26,767.50 from GTBank · John D., matched to order ORD‑1042.

OrderORD-1042
Settled intoJohn Doe Trading Ltd · Naira account 0000 000 000
Receiptsent to the buyer
Get your receiptRun it again
Your checkout, your brand.On the site you already have, in your colours, on your own domain — or on a page we host for you.
A link for anything you sell.One price, one buyer, one link — sent on WhatsApp, Instagram or email, and paid the same way.
It lands already reconciled.Matched to the order, receipt issued, and in your books before you have looked at it.
Business Account

A team you did not have to hire.

Five agents come with the account. Each one has a job description, a budget and a ceiling you set. They do the work and bring it to you — nothing leaves the account without your signature.

CS Chief of Staff Runs the week

Knows what is stuck, who is waiting and what you promised — and keeps all three moving.

Booked a meeting with John Doe Foods for Thursday 11:00.
FI Finance Watches the money

Keeps the books as you trade and tells you the moment something does not add up.

Flagged a duplicate — invoice DP‑11908 was already paid in July.
COCompliance Keeps you inside the rules

Holds every filing to its own clock and screens names and payments against your policy — and logs what it refuses.

Screened 412 payments overnight and refused two of them.
SA Sales Chases what is owed

Goes back to the buyers who went quiet, with the receipt already attached.

Recovered ₦410,000 across three overdue invoices.
SU Customer Support Answers your customers

Replies, follows up on what they asked for and hands you only the ones that need you.

Resolved 4 conversations — two deliveries, one refund.
Every agent prepares and proposes. You are the only one who can approve.
Build on Pryme

Our rails, under your product.

Issue a dedicated Naira account number to each of your own customers, collect into it and reconcile against it. The same rails the Business Account runs on, with the licence behind them.

Read the API
Pryme Business

One business account. Every currency you trade in.

Dollars, pounds and euros beside a Naira account, on one ledger and one set of books. Five agents come with it and run the account — nothing leaves without your signature.

The Pryme Business home page: Naira, dollar and pound balances on one account, the money actions, five agents working and a live stream of what they have done
Business · the page your team signs into

A team you did not have to hire

Five agents come with the account. Each has a job description, a budget and a ceiling you set. They do the work and bring it to you — they propose, you approve.

CSChief of Staff Runs the week

Knows what is stuck, who is waiting and what you promised, and keeps all three moving.

Booked the quarterly review with your auditor for Thursday.
FIFinance Watches the money

Keeps the books in every currency you hold and flags the moment something does not add up.

Flagged a duplicate — invoice DP‑11908 was already paid in July.
COCompliance Keeps you inside the rules

Holds every filing to its own clock and screens names and payments against your policy — and logs what it refuses.

Screened 412 payments overnight and refused two of them.
SASales Chases what is owed

Goes back to the buyers who went quiet, with the invoice and the receipt already attached.

Recovered $12,400 across three overdue invoices.
SUCustomer Support Answers your customers

Replies, follows up on what they asked for and hands you only the ones that need you.

Resolved 4 conversations — two deliveries, one refund.
Every agent prepares and proposes. You are the only one who can approve.
Open a business account

Ten years, one trunk

The business has changed shape four times and never changed what it was rooted in. Each version was built out of what the last one could not do.

2016E-commerce

An online grocery store, built out of a faulty tab. Selling the food was the easy part — taking the money for it, and moving it, turned out to be the business.

2018OjirehPrime Card

A prepaid card. The first time the company issued rather than resold, and the first time it carried the obligations that come with holding somebody else’s money.

2020Microfinance bank

PrymeSolid Allianze acquired — an existing bank with an existing licence. The perimeter stopped being someone else’s to draw.

2023Multicurrency

More than one currency on one balance, and the rebrand to Pryme. A Nigerian business could hold dollars without holding a second institution.

2026Agentic operations

Accounts that do the work rather than only hold value. Five agents on the account, inside a policy you write — which is where the new mark starts.

Questions

The things people ask us first.

What is Pryme?

Pryme is a financial technology company. It gives people and businesses in Nigeria one account that holds Naira alongside dollars, pounds and euros, and a set of agents that do the running of it — keeping the books, chasing what is owed, answering customers and paying bills. Nothing leaves an account without the owner’s approval.

Can I hold dollars, pounds and euros in a Pryme account?

Yes. A Pryme account holds Naira, US dollars, pounds sterling and euros side by side on one ledger, each with its own account details — a Nigerian account number, a US account number, a UK sort code and an IBAN for the euro area. You can swap between them at a rate you set, and every currency has its own statement.

What is Spaces?

Spaces is available in Nigeria. It gives a shopper money to spend that can only be spent with a participating business. The business is paid into its Naira account whether or not the shopper repays, because Pryme carries the credit. For the business it is free to join, there is nothing monthly, and the customer’s identity is never shown — only a reference and what it is worth.

What do the agents on a Pryme Business Account do?

Five agents come with the account. The Chief of Staff runs the week and keeps what is stuck moving. Finance watches the money and keeps the books as you trade. Compliance keeps the filings on time and screens what moves. Sales chases what you are owed. Customer Support answers your customers and follows up. Each has a job description, a budget and a ceiling you set, and each one proposes rather than acts — nothing leaves the account without your signature.

How does Pryme Pay work?

Pryme Pay takes payments on your own site or on a checkout page you control. The buyer is given a one-time account number and transfers to it from any bank app or by USSD — no card, no OTP, nothing to type in. The money lands in the same account your agents are running, already matched to the order and already in your books.

What are Savings Boxes?

Savings Boxes are separate pots inside a Pryme account, held in Naira. Flexible Boxes can be withdrawn at any time, Fixed Boxes hold to a date, Investment Boxes hold for longer, and Interest-free Boxes earn nothing by design. A business can use them to ring-fence payroll and the tax it withholds, so that money cannot be spent by accident.

Who holds my money, and is it protected?

Pryme is a financial technology company, not a bank. Accounts and deposits are provided by Solid Allianze Microfinance Bank Limited, which is licensed by the Central Bank of Nigeria and is a member of the Nigeria Deposit Insurance Corporation.

Can I build on Pryme?

Yes. Pryme Rails lets a platform issue a dedicated Naira account number to each of its own customers, collect into it and reconcile against it, over one API — the same rails the Pryme Business Account runs on.

What is Pryme?

Pryme is a financial technology company. It gives you one account that holds US dollars, pounds sterling and euros beside Naira, with an assistant that runs the account for you and asks before anything moves. Accounts are provided in Nigeria today, and further markets open as each licence lands.

Can I open a Pryme account from outside Nigeria?

Accounts are provided in Nigeria today, subject to verification and approval. Foreign-currency balances are held and converted inside that account, so you can hold, receive and swap dollars, pounds and euros wherever you are.

Which currencies can I hold with Pryme?

Naira, US dollars, pounds sterling and euros, side by side on one ledger. Each has its own details — a Nigerian account number, a US account number, a UK sort code and an IBAN for the euro area — and each has its own statement.

How do I send money to Nigeria with Pryme?

Swap at a rate you set rather than the rate of the day, then send to any Pryme username or to a Nigerian bank account. There is no fee to send to another Pryme account.

What does the assistant do?

Eva is the assistant inside the Pryme app. She opens accounts, moves money, saves toward your goals, pays what is due and follows up what is owed to you — and asks you before anything moves.

What is Pryme Rails?

Pryme Rails lets a platform issue a dedicated Naira account number to each of its own customers, collect into it and reconcile against it, over one API — the same rails the Pryme Business Account runs on.

The Ledger

Notes on money that does the work: what we are building, what the regulation actually says, and how we think about letting software act on money. Read the Ledger

Scroll for more
Home · The Ledger · Payments and fintech data
Data & reference

Bank fraud by state in Nigeria: what NIBSS data shows

Which Nigerian states report the most bank fraud: NIBSS counts and losses for Lagos, FCT, Rivers, Ogun and Kaduna, 2022 and 2023.

PR
Pryme researchPayments data · 17 Oct 2026 · 4 min read
The short answer

Lagos accounts for about half of all reported bank fraud in Nigeria: 46,224 cases and ₦8.7 billion of losses in 2023, or 48% of the count and 49% of the value, according to the NIBSS Annual Fraud Landscape. The FCT, Rivers, Ogun and Kaduna follow by number of cases.

Top five states by reported fraud, 2022 and 2023 (as of October 2026)

NIBSS publishes the location of fraud cases reported by banks and other institutions. Its 2023 Annual Fraud Landscape, the most recent edition whose state figures we could verify, named the five states with the most cases.

StateCases 2023Cases 2022Losses 2023Losses 2022Change in losses
Lagos46,22445,952₦8.7 billion₦9.9 billion−12%
FCT (Abuja)4,5484,574₦994 million₦574 million+73%
Rivers3,2853,785₦433 million₦319 million+36% (our calculation)
Ogun2,8673,410not statednot statedn/a
Kaduna2,7662,893not statednot statedn/a

Lagos dominates, but less in value than you might think

Lagos had 48% of all reported fraud cases and 49% of the money lost in 2023. Together the five states above account for 59,690 of the cases, about 62% of the 95,620 total cases NIBSS recorded (our calculation using the total reported by Techpoint Africa). The concentration continued into 2024: in the first quarter, Lagos accounted for more than 60% of fraud attempts, according to NIBSS quarterly data reported by TechCabal.

The pattern largely reflects where payments happen. Lagos has the largest share of bank accounts, card terminals and businesses, so it also has the most fraud. A high count does not mean a Lagos resident is more likely to be defrauded than someone elsewhere; NIBSS does not publish fraud per account or per person by state, so a fair per-head ranking cannot be built from its figures.

Losses moved in different directions

Even though Lagos case numbers rose slightly in 2023, its losses fell 12%, from ₦9.9 billion to ₦8.7 billion. The FCT went the other way: the number of cases was almost unchanged but losses rose 73%, from ₦574 million to ₦994 million, meaning each case cost more on average. Rivers had about 500 fewer cases but higher losses. Ogun and Kaduna saw fewer cases; their loss values were not stated in the coverage we could verify.

StateAverage loss per reported case, 2023 (our calculation)Average loss per reported case, 2022 (our calculation)
Lagosabout ₦188,000about ₦215,000
FCT (Abuja)about ₦219,000about ₦125,000
Riversabout ₦132,000about ₦84,000

These averages divide total losses by the number of cases. They are rough, because a few very large frauds can lift an average a great deal, and not every reported case results in a loss.

Why state data needs care

  • Location is where the case was recorded, usually the branch or the customer's registered address, not necessarily where the fraudster was. The 2024 report described accounts operated from abroad.
  • Reporting depends on institutions. NIBSS found that only 37% of institutions reported fraud incidents through its portal in the period Techpoint analysed; those that did not may be concentrated in some states.
  • The 2023 state figures predate the record 2024 losses, which were driven by a single ₦30 billion internal case. That case's location was not published.
  • Only the top five states were named in the coverage we could verify. We have not listed other states because we could not confirm their figures.

Reading the data outside Lagos

Outside the top five, state figures were not itemised in the coverage we could verify, so the share of fraud in the remaining 32 states can only be estimated as a residual. Using the national total of 95,620 cases, about 35,900 cases (roughly 38%) were recorded outside the five named states (our calculation). That is a large number spread across most of the country, and it means fraud is not only a big-city problem even if it is concentrated there.

The FCT and Rivers figures also show that a state with far fewer cases than Lagos can still see larger losses per case. For a business owner, the useful lesson is about methods rather than location: the same social engineering calls, fake alerts and card tricks are used everywhere, and the controls that work in Lagos work in Kano or Enugu. For journalists and researchers, the safest way to quote state data is as a share of reported cases or losses, with the year, rather than as a ranking of the "most fraudulent" state.

If you need to compare states fairly, you would need a denominator such as the number of active bank accounts or payment transactions in each state. NIBSS and the CBN do not publish fraud alongside such a denominator in the sources we could check, so any per-head ranking you see elsewhere is likely to be an estimate built from other data.

How we put this together

State counts and losses are from the NIBSS Annual Fraud Landscape for 2023, as reported by 21st Century Chronicle on 30 April 2024; we could not open the NIBSS document itself. The national case total (95,620) is from Techpoint Africa's July 2024 summary of NIBSS data. The first-quarter 2024 Lagos share is from TechCabal (May 2024). Percentage changes and averages marked as our calculation were worked out from the published figures and rounded.

Where Pryme fits

Fraud in every state tends to start with someone obtaining a one-time code or PIN. Pryme accounts use an authenticator app rather than SMS codes, plus a transaction PIN; see how Pryme security works. For common tactics, read money scams in Lagos and fraud techniques and channels data, and for national totals see fraud losses by year.

Questions people ask

Which state has the highest bank fraud in Nigeria?

Lagos, by a wide margin. NIBSS recorded 46,224 cases and ₦8.7 billion of losses there in 2023, about half of the national totals.

How much fraud is there in Abuja?

The FCT recorded 4,548 fraud cases in 2023 with losses of ₦994 million, up 73% from ₦574 million in 2022.

Is Lagos more dangerous for bank fraud per person?

The data cannot say. NIBSS publishes totals by state, not fraud per account or per resident, and Lagos has far more accounts and payments than other states.

Does NIBSS publish fraud figures for every state?

The coverage we could verify named only the top five states. Figures for other states may exist in the full report but we could not confirm them.

Sources

  1. 21st Century Chronicle: NIBSS Annual Fraud Landscape 2023, losses of N17.6bn (30 Apr 2024) · accessed Oct 2026
  2. TechCabal: Fraud losses decline to N3bn in Q1 2024, NIBSS data (24 May 2024) · accessed Oct 2026
  3. Techpoint Africa: hacks and fraud cases in Nigeria, 2023 to 2024, citing NIBSS (4 Jul 2024) · accessed Oct 2026
  4. Nairametrics: fraud figures from the CBN Nigeria Payments System Vision 2028 (19 Jun 2026) · accessed Oct 2026

This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.

More on Payments and fintech data

Data & reference

How bank fraud happens in Nigeria: techniques and channels

NIBSS and CBN data on how Nigerian bank fraud happens: social engineering, card theft, POS, web and ATM trends, insider cases and who reports.

PRPryme research · Payments data17 Oct 2026 · 4 min
Data & reference

Mobile money in Nigeria: transaction values and volumes

Mobile money transaction values and volumes in Nigeria from NIBSS data, 2019 to 2025, with digital finance use from EFInA's 2026 survey.

PRPryme research · Payments data17 Oct 2026 · 4 min
Data & reference

NIBSS fraud report 2024: the key numbers

The main figures from Nigeria's 2024 fraud reporting: ₦52.26bn lost, 70,111 cases, the ₦30bn internal case and how identity fraud was used.

PRPryme research · Payments data17 Oct 2026 · 4 min