CBN, NCC Unveil Platform To Track SIM Fraud

NCC, CBN Sign Pact To Boost Consumer Protection, Curb Fraud

NCC, CBN sign pact to boost consumer protection, curb fraud By Jessica Dogo The Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding to strengthen consumer protection.     NCC spokesperson, Nnenna Ukoha, disclosed this in a statement on Monday in Abuja.     She said the agreement would also combat fraud across News Agency of Nigeria

CBN, NCC Unveil Platform To Track SIM Fraud

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have shifted focus from policy alignment to real time fraud detection with the launch of a shared data initiative aimed at curbing SIM related financial crimes. At the heart of the new agreement, signed Monday in Abuja, is the proposed Telecom Identity Risk Management Portal a centralised system designed to give banks, fintechs, and telecom operators instant visib…

“CBN, NCC Join Forces” — Regulators Sign MoU To Tackle SIM Fraud, Strengthen Consumer Protection

The Central Bank of Nigeria and the Nigerian Communications Commission on Monday signed a memorandum of understanding to tackle SIM-related fraud and strengthen consumer protection across Nigeria’s digital ecosystem. The agreement, signed at the CBN headquarters in Abuja, aims to improve coordination between the financial and telecommunications sectors, focusing on combating electronic fraud linked to mobile numbers, enhancing payment system int…