The report showed mobile fraud was the most prevalent, responsible for 33.4 percent of the reported incidents, followed by POS-related fraud at 24.6 percent.
These forms of fraud, it underlined, include scams carried out through mobile apps and internet banking platforms.
Web-based fraud accounted for 16.9 percent of the cases, underlining the growing sophistication of cybercriminals.
The FITC report also noted that most losses occurred at the bank branch level, where 95 percent of the total fraud value, approximately ₦54 billion, was recorded.
According to FITC, this points to a troubling increase in insider involvement, with 49 employees dismissed for their role in these schemes during the quarter.
The report indicated fraudsters continue to exploit weaknesses in both modern and traditional systems despite advancements in digital security.