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Tag: Central BVank of Nigeria

The Dangers Of CBN’s Compulsory Biometric Data Capture Policy

Posted on May 26, 2015May 26, 2015 By Admin No Comments on The Dangers Of CBN’s Compulsory Biometric Data Capture Policy
The Dangers Of CBN’s Compulsory Biometric Data Capture Policy

By Wofai Iwara Recently the Central Bank of Nigeria (CBN) commenced a scheme to compulsorily capture the biometric data of all banking consumers pursuant to the issuance of Biometric Verification Numbers (BVN) and in line with its know your customer initiative (KYC) allegedly aimed at improving banking operation and regulations. This is just one of…

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