CBN To Remove Up Tier-1 Accounts Not Linked To BVN
The Central Bank of Nigeria (CBN) plans to remove accounts not linked to the Bank Verification System (BVN) from the financial system. The objective is to
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The Central Bank of Nigeria (CBN) plans to remove accounts not linked to the Bank Verification System (BVN) from the financial system. The objective is to
NIN – A time for long-term approach By By Mustafa Yusuf-Adebola Concerns have been raised for a long time over the lack of data as well as duplicity of available biometric data of Nigerians. For instance, the Nigerian Communications Commission (Registration of Telephone Subscribers) Regulations, 2011 makes it mandatory for mobile telephone service licensees to capture and register biometric information (facial images and fingerprints) and other personal information and transmit the subscriber’s such information to a central database. Proxy registration is prohibited. This central database...