CBN tightens BVN rules to combat SIM swap and device fraud

Keypoints Main Story The Central Bank of Nigeria has moved to close critical loopholes in the digital banking space. Speaking in Ibadan, financial analyst Tunji Adepeju explained that the latest guidelines are a direct response to the sophisticated methods used by fraudsters, particularly SIM swapping and unauthorized device mirroring. By enforcing a one-to-one relationship between … Continue reading CBN tightens BVN rules to combat SIM swap and device fraud