{"id":168388,"date":"2025-07-04T21:31:53","date_gmt":"2025-07-04T20:31:53","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn"},"modified":"2025-07-04T22:36:18","modified_gmt":"2025-07-04T21:36:18","slug":"cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn","title":{"rendered":"CBN: Nigerian court affirms NIBSS authority to manage BVN"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Nigeria\u2019s Federal High Court in Abuja on Friday affirmed the authority of the Nigeria Inter-Bank Settlement System, NIBSS, to manage the Bank Verification Number, BVN, database across the country, in line with the Central Bank of Nigeria, CBN, Act and other relevant banking laws.<\/p>\n

This is according to a judgment delivered by Justice James Omotosho on Friday.<\/p>\n

NIBSS\u2019s counsel, Wolemi Esan, Senior Advocate of Nigeria, and Kofo Abdulsalam-Alada, lead counsel for the CBN, among others, had sought a restraining order to prevent any institution in Nigeria from challenging the agency\u2019s statutory authority to maintain and manage the BVN database.<\/p>\n

This comes as NIBSS had alleged that Digital Rights Lawyers Initiative filed multiple suits, either directly or through proxies, challenging its authority to manage the BVN database and claiming that such management violates constitutional privacy rights.<\/p>\n

However, Justice Omotosho, delivering his judgment, said the BVN does not infringe on the constitutional right to privacy.<\/p>\n

\u201cThe initiative does not infringe on the constitutional right to privacy but rather serves as a necessary tool for safeguarding public interest and enhancing financial security.<\/p>\n

\u201cNIBSS has the power to manage the BVN,\u201d the judge said, citing relevant CBN laws.<\/p>\n

\u201cThe court grants the reliefs of NIBSS as prayed,\u201d he stated.<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Nigeria\u2019s Federal High Court in Abuja on Friday affirmed the authority of the Nigeria Inter-Bank Settlement System, NIBSS, to manage the Bank Verification Number, BVN, database across the country, in line with the Central Bank of Nigeria, CBN, Act and other relevant banking laws. This is according to a judgment delivered by […]<\/p>\n","protected":false},"author":84,"featured_media":168387,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[13411,69,12672,254],"class_list":["post-168388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-bvn","tag-court","tag-nibss","tag-nigeria"],"yoast_head":"\nCBN: Nigerian court affirms NIBSS authority to manage BVN - Nigeria<\/title>\n<meta name=\"description\" content=\"Nigeria\u2019s Federal High Court in Abuja on Friday affirmed the authority of the Nigeria Inter-Bank Settlement System, NIBS ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBN: Nigerian court affirms NIBSS authority to manage BVN\" \/>\n<meta property=\"og:description\" content=\"Nigeria\u2019s Federal High Court in Abuja on Friday affirmed the authority of the Nigeria Inter-Bank Settlement System, NIBS ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-04T20:31:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-04T21:36:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/07\/sm_1751652489.744202.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"CBN: Nigerian court affirms NIBSS authority to manage BVN\",\"datePublished\":\"2025-07-04T20:31:53+00:00\",\"dateModified\":\"2025-07-04T21:36:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn\"},\"wordCount\":229,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/07\/sm_1751652489.744202.jpg\",\"keywords\":[\"BVN\",\"court\",\"NIBSS\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/cbn-nigerian-court-affirms-nibss-authority-to-manage-bvn\",\"name\":\"CBN: Nigerian court affirms NIBSS authority to manage BVN - 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