Reverse restriction on customers’ BVN-linked number modification — Alaba-Akinlabi to CBN

Public affairs expert and civic nine advocate, Morisola Alaba-Akinlabi, has called connected the Central Bank of Nigeria nether Governor Olayemi Cardoso, to reverse its regularisation connected customers’ Bank Verification Number, BVN, mobile fig modification. 

She made this telephone successful a property briefing on Friday in Abuja. 

DAILY POST reports that the CBN, successful a regulatory directive issued to banks successful April 2026, restricted updates of telephone numbers linked to customers’ BVN. 

The determination had generated mixed reactions from slope customers and stakeholders wrong the country’s banking assemblage successful the past weeks. 

Reacting, Alaba-Akinlabi asked CBN to reappraisal the argumentation determination for the bully of Nigerians. 

According to her, it would effect successful the pursuing concerns, including limiting customers’ quality to securely entree fiscal services; disproportionately affecting susceptible and mobile populations; creating unnecessary barriers to fiscal inclusion; and eroding nationalist assurance successful integer individuality and fiscal systems.

She stressed CBN’s determination would undermine the rights of information subjects ...