The Nigeria Interbank Settlement System (NIBSS) has disclosed that 73.8 million bank accounts are yet to be linked to Bank Verification Number (BVN), nine years since the policy was introduced in February, 2014. The BVN is a unique identity number, issued to every bank customer at enrollment and linked to every account that the customer […]
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Abike Dabiri-Erewa, the Senior Special Assistant to President Muhammadu Buhari on Foreign Affairs and Diaspora, has appealed to the Central Bank of Nigeria, CBN and Attorney-General of the Federation, AGF to extend the time for Nigerians in Diaspora to obtain their Bank Verification Number (BVN). She also urged the them to put modalities and logistics […]
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Justice Nnamdi Dimgba of the Federal High Court in Abuja has granted a request by Attorney General of the Federation, Abubakar Malami, for a temporary forfeiture of all funds held in bank accounts not linked to Bank Verification Numbers, BVN. Also to be forfeited are funds in accounts whose ownership could not be identified. The […]
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