CBN Mandates Banks to Obtain Customers’ Social Media Details

Advertisements The Central Bank of Nigeria (CBN) has issued new regulations requiring commercial banks to collect additional customer information, including social media handles, e-mail addresses, telephone numbers, residential addresses, and other personal details. The purpose of these regulations, outlined in the ‘Central Bank of Nigeria (Customer Due Diligence) Regulations, 2023,’ is to enhance the identification … Continue reading CBN Mandates Banks to Obtain Customers’ Social Media Details