BVN enrolments hit 30.6 Nationwide

Nigeria Consumer News

Lagos State has the highest number of Bank Verification Number (BVN) enrolments with 6.6 million as at September 2017 as total enrolments nationally reaches 30.6 million people, a report by the Nigerian Interbank Clearing System (NIBSS) has said. This comes on the heels of a court order obtained by the Federal government to seize funds […]

CBN to extend BVN to microfinance

Nigeria Consumer News

The federal government has asked the Central Bank of Nigeria to extend the requirement for the Bank Verification Number (BVN) to account holders in microfinance banks. Kemi Adeosun, Nigeria’s minister of Finance, said this in a letter to the CBN governor, Godwin Emefiele. She said the extension would help identify bank accounts which might have […]

Naira crashes to N246 in unofficial market

The naira, yesterday, fell 1.22 per cent against the dollar on the unofficial market as 1,700 bureaux de change (BDC) operators failed to get dollar supply at a Central Bank of Nigeria (CBN) sale due to incomplete documentation. The naira was quoted at 246 against the dollar on the unofficial market, weaker than 243 the […]

BVN registration continues- CBN, NIBSS

The Bank Verification Number (BVN) registration will still go on despite the expiration of the deadline on Saturday, October, 31, the Central Bank of Nigeria and the Nigerian Inter-bank Settlement System (NIBSS) have said. The Managing Director of the Nigerian Inter-Bank Settlement System (NIBSS) Mr Ade Shonubi  told Daily Trust reporter also that the BVN is […]

Banks Set To Deactivate Unregistered Accounts as BVN Registration Expires Today

Banks in Nigeria are set to deactivate unregistered accounts as BVN registration expires today. The Central Bank of Nigeria has ruled out possibility of extending the deadline for Bank customers that are unable to obtain their bank verification numbers (BVNs) before the close of business today, Friday. These customer would not be able to operate […]

BVN deadline: Fraudsters on rampage, as EFCC calls for vigilance

Fraudsters, disguising as Bank Verification Number (BVN) registration agents online with intention to get access to banks customers accounts, are on rampage, Daily Trust checks have revealed. The extended deadline for the BVN registration ends on Saturday, October 31, with the   Central Bank of Nigeria maintaining there would be no further extension. The BVN is […]

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