CBN restricts BVN phone number changes to once in a lifetime to curb fraud

Source: TechCabal Title: CBN restricts BVN phone number changes to once in a lifetime to curb fraud Text: The Central Bank of Nigeria has restricted how often Nigerians can update the phone number linked to their Bank Verification Number (B...

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crime 13 Mar 2026 12:52

CBN restricts BVN phone number changes to once in a lifetime to curb fraud

The Central Bank of Nigeria has restricted how often Nigerians can update the phone number linked to their Bank Verification Number (BVN), capping it at once in a lifetime. In a circular issued to banks and other financial institutions on T...