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Four Nigerian Banks Face Class Action Lawsuits Over Misuse of Customer Data
Four Nigerian banks — Zenith Bank, Fidelity Bank, GTBank, and FCMB — are facing class action lawsuits at the Federal High Court in Lagos for allegedly misusing customers’ personal data during aggressive share offer campaigns. The suits claim the banks used KYC data to send unsolicited emails, SMS, calls, and in-app pop-ups urging customers to buy shares. In GTBank’s...
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