One Lost SIM, One Frozen Life: The Hidden Cost of Nigeria’s Digital Banking Push
ABUJA, Nigeria – For millions of Nigerians, a mobile phone number is no longer just a tool for calls and text messages—it is a…
Topic
banking security
CBN Limits BVN Phone Number Changes to One Lifetime Update
LAGOS, Nigeria – The Central Bank of Nigeria introduces a new rule limiting changes to phone numbers linked to Bank Verification Numbers (BVN) to…
Nigeria’s Digital Fraud Losses Fall 51% as Banks Tighten Controls
LAGOS, Nigeria – Nigeria records a 51 per cent drop in digital payment fraud losses in 2025, as banks strengthen security frameworks despite persistent…