Breaking: Court Grants CBN and Banks Permission to Collect Customers’ Social Media Handles
The Federal High Court, Lagos has upheld a Central Bank of Nigeria (CBN) regulation requiring financial institutions to collect customers’ social media handles as part of their Know-Your-Customer (KYC) procedures. On Thursday, May 16, Justice Nnamdi Dimgba ruled that the regulation does not infringe on bank customers’ privacy rights. Justice Dimgba dismissed a suit filed […]
