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The Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), has officially introduced the Non-Resident BVN (NRBVN), a secure digital platform...
A total of 240 workers in Kano State were found to be receiving duplicate payments, while an additional 217 individuals are linked to the same Bank...
Fraudsters have reportedly looted ₦329 million from Nigerians using static images to register for Bank Verification Numbers (BVNs). This information is detailed in a recent report...
The Federal Government has announced that investors interested in the country’s new financial instrument are required to meet specific identification criteria in order to participate in...
Commercial banks in Nigeria have closed 2.021 million bank accounts in the first quarter of 2024, Q1’24. The move was taken to comply with regulatory orders...
In a sweeping move that could affect over 70 million bank customers, the Central Bank of Nigeria (CBN) is set to enforce a new directive that...
Nigerians have been instructed by the Central Bank of Nigeria (CBN) to link their National Identification Number (NIN) and Bank Verification Number (BVN) to their bank...
The Central Bank of Nigeria (CBN), on Friday, announced that it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from...
The Economic and Financial Crimes Commission (EFCC) has highlighted three major ways people’s Bank Verification Number (BVN) can be used to defraud them. This was disclosed by...
The Central Bank of Nigeria (CBN) has threatened close down several accounts to be on track with the banking industry’s determination to protect customers’ bank accounts....
The Central Bank of Nigeria (CBN) has denied media reports that the Bank Verification Number (BVN) it issued to Nigerians has an expiry date. Naija News...
The Federal Government is considering payment of transport allowance to Nigerians for at least six to twelve months. The palliative according to the government is to...
An arrested suspected fraudster also known as Yahoo boy has narrated how he carried out his fraudulent activities. In a viral video that surfaced online on...
Nigeria’s Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, had disclosed recently that the federal government plans to replace the Bank Verification Number...
The Federal Government has stated that plans are ongoing to replace the Bank Verification Numbers (BVN) with the National Identity Numbers (NIN). The Minister of Communications...
The National Identity Management Commission (NIMC) has given an update on using National Identity Number (NIN) generated through Bank Verification Number (BVN) to link SIM cards....
A copy of the “Self-Certification Form” detailing the information that bank account holders are meant to share has emerged. Naija News had reported earlier that the...
Nigerians have reacted angrily to an order by the federal government led by President Muhammadu Buhari mandating all persons holding accounts across financial institutions and insurance firms...
The federal government led by President Muhammadu Buhari has ordered all persons holding accounts across financial institutions and insurance firms to complete and submit Self-certification forms....
The federal government has said successful applicants for the 774,000 jobs under the Special Public Works Programme will be paid using their Bank Verification Numbers (BVN)....
