The practice of sending vital
information through customers' mobile phones by commercial banks might soon be
abolished by the Nigerian Communications Commission (NCC).
This is because it may expose
customers’ accounts’ details to fraudsters.
Executive vice chairman, Prof.
Umar Garba Danbatta, of the NCC made this known at the consumer conversation
held in Minna, Niger state.
He said the commission was
already engaging with the Central Bank of Nigeria (CBN) to find ways to ensure
that mobile phone users’ vital information relating to their bank accounts and
financial transactions were not jeopardised should their phones get lost or
stolen.
Helen Obi, a director and the
head of zonal operations department, who represented Prof Danbatta said NCC
would shield phone users in the country against any harm that could get to them
or to their property through the use of telecom services.
However, he advised phone users
to adequately protect their pins and not carelessly save them in their phones.
Also the NCC told all telecom
operators in the country to give a 14-day grace for subscribers to exhaust
their remaining data after the 30 days expiration period before they are cut
off.
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