banking security

One Lost SIM, One Frozen Life: The Hidden Cost of Nigeria’s Digital Banking Push Nigerian customer replacing a SIM card linked to bank accounts.

Nigerian customer replacing a SIM card linked to bank accounts.

One Lost SIM, One Frozen Life: The Hidden Cost of Nigeria’s Digital Banking Push

Oluwafunbi Bello June 17, 2026

ABUJA, Nigeria – For millions of Nigerians, a mobile phone number is no longer just a tool...

CBN Limits BVN Phone Number Changes to One Lifetime Update Mobile banking user verifying BVN-linked phone number

Mobile banking user verifying BVN-linked phone number

CBN Limits BVN Phone Number Changes to One Lifetime Update

Oluwatobi Adu April 6, 2026

LAGOS, Nigeria – The Central Bank of Nigeria introduces a new rule limiting changes to phone numbers...

Nigeria’s Digital Fraud Losses Fall 51% as Banks Tighten Controls Nigerian banks discuss strategies to reduce digital fraud

Nigerian banks discuss strategies to reduce digital fraud

Nigeria’s Digital Fraud Losses Fall 51% as Banks Tighten Controls

Chukwu Obinna January 21, 2026

LAGOS, Nigeria – Nigeria records a 51 per cent drop in digital payment fraud losses in 2025,...