"N200k to N10m": CBN to Sanction Access, Zenith, Other Banks Over Customers' Social Media Info
The CBN has issued a warning of sanctions against financial institutions, including Access, UBA, and Zenith Bank, on customer information Financial institutions are now expected to have proper documentation of customers' social media handles, among other information The objective is to strengthen CBN's fight against money laundering, terrorism financing and proliferation financing.
Source: Legit