Tag: BVN
-
CBN unveils BVN platform for diaspora Nigerians
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) on Tuesday officially inaugurated the Non-Resident Bank Verification Number (NRBVN) platform in Abuja. According to the apex bank, this innovative digital gateway allows Nigerians in the diaspora to obtain a BVN
-
240 Kano workers receive double payments, 217 share same BVN
Kano State Government said it has uncovered irregularities on its payroll involving 240 employees receiving double payments and 217 others having the same Bank Verification Number (BVN). Dr Sulaiman Sani, Special Adviser to the Governor on Civil Service Matters and Chairman of the State
-
NELFUND resolves BVN glitch with student loan portal
The Nigerian Education Loan Fund (NELFUND) says it has resolved the glitch students were having with Bank Verification Number (BVN) verification on the student loan portal.
-
BVN, NIN: Banks close over 2 million accounts in Nigeria
The first quarter of 2024 Q1’24 has seen Nigerian commercial banks close at least 2 million bank accounts across the country. It was gathered that the move was aimed at eradicating questionable accounts, particularly as some customers failed to comply with regulatory orders on the linkage of their accounts to the National Identity Number, NIN.
-
Guard your bank accounts; Nefarious ambassadors are on the prowl – By Magnus Onyibe
These are perilous times in Nigeria, as reflected by the fact that it is not only our lives and properties that are in danger, as evidenced by the mass killings in Plateau State on Christmas Eve last year and the kidnapping and murdering of innocent Nigerians that failed to pay ransom money imposed on them…
-
CBN told to ease BVN registration
The Chief Executive Officer of Arvofinance, Mr Ayotunde Bally, has urged the Central Bank of Nigeria (CBN) to to simplify Bank Verification Number (BVN) registration and make it more accessible for people in rural areas.
-
BVN, NIN: Sanction banks, not customers – Expert urges CBN
A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to sanction banks that allowed customers to operate accounts without their BVN and NIN. Unegbu, a past president of the Chattered Institute
-
CBN reveals date it will freeze account without BVN, NIN
The Central Bank of Nigeria has revealed that all bank accounts without Bank Verification Number and National Identification Number frozen as from April 2024. The CBN has directed a “Post no Debit” restriction on all bank accounts without BNV and NIN starting from second quarter of next month.
-
CBN dispel claim of BVN expiration date
The Central Bank of Nigeria has dispelled claims that the Bank Verification Number (BVN) will expire in 2023. In a document signed by the acting director, Corporate Commission, Isa Abdulmumin, on Wednesday, May 10, the bank stated that the BVN does not have an expiry date. The bank gave the clarification following a viral video…
-
CBN clarifies report on BVN expiry date
The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its Acting-Director, Corporate Communications, Alhaji Isa Abdulmumin, said this in a statement on Wednesday.