Business

Why SERAP sued CBN over KYC social media policy

The Central Bank of Nigeria is being sued by the Socio-Economic Rights and Accountability Project over its proposed Know-Your-Customer social media policy. SERAP’s attorneys, Mr. Kolawole Oluwadare and Ms. Blessing Ogwuche filed the lawsuit on behalf of the organization, alleging “the failure to delete the patently unlawful provisions in the Central Bank of Nigeria (Customer Due Diligence) […]