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Central bank to continue supporting financial service penetration – Godwin Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Saturday said that the bank would continue to support measures that would deepen penetration of financial services in the country.

Chams celebrates 32 years of championing innovative solutions for public, private sectors

The group spans across Identity Management, Biometric Solution Platforms; Business Process Outsourcing Services; Electronic and Card Payment Systems; Mobile Payments; ATM sales, deployment and support; POS deployment and support.

N-Power reopens portal for applicants to check employment status

The applicants for the 2017 N-Power, the employment scheme of the federal government can now start checking their pre-selection status on the portal, www.npower.gov.ng/n-power/check.

Federal govt accuses central bank, others of shielding rogues

Banks and their supervisor, the Central Bank of Nigeria (CBN), have been accused of working to derail the government’s anti-corruption war.

Federal court relaxes conditions to unfreeze accounts without BVN

The Federal High Court in Abuja on Wednesday modified its orders made on October 17, 2017 directing the 19 commercial banks in the country to freeze all accounts without Bank Verification Numbers.

Federal govt working to plug holes in schools’ feeding programme – Presidency

The Federal Government has acknowledged that, inspite of the success recorded by the school feeding programme for pupils between Primary 1 and 3, there a few holes which should be plugged to ensure that the programme is run transparently and the children are well-fed.

Police parade kidnappers, car thieves, others in Kebbi

The Kebbi State police command, on Tuesday, paraded two suspects with human skull, kidnappers and nine other armed robbery suspects said to specialise in snatching of cars and motorcycles.

TSA, BVN save us over N24 billion monthly – President Buhari

President Muhammadu Buhari says the establishment of treasury single account (TSA) and enforcement of biometric verification number (BVN) save Nigeria an estimated N24.7 billion monthly.

BVN enrolment rises to 30m – NIBSS

Followinmg the 14 days given banks by the a Federal High Court in Abuja on October 17, 2017 on the release of bank accounts without Bank Verification Numbers (BVN), customers who were yet to comply have been doing so as the number of BVN issued has risen to 30.655 million.

BVN: Expert advises FG to observe due process in seizure of bank accounts

An economic expert, Charles Nwekeaku, has advised the Federal Government to follow due process in getting the forfeiture of monies in accounts without Bank Verification Numbers (BVN) to the government.

BVN: Abike Dabiri-Erewa urges central bank, AGF to give Nigerians abroad more time

Mrs Abike Dabiri-Erewa, the Senior Special Assistant to President Muhammadu Buhari on Foreign Affairs and Diaspora, has called for more time for Nigerians in Diaspora to obtain their Bank Verification Number (BVN).

Lagos lawyer Ebun-Olu Adegboruwa faults court order to freeze bank accounts, says BVN not...

Ebun-Olu Adegboruwa, human rights lawyer, has described as illegal, the order granting forfeiture of funds in accounts without bank verification number (BVN) to the federal government.

Court orders central bank, commercial banks to freeze accounts without BVN

The Federal High Court in Abuja has ordered the Central Bank of Nigeria and the 19 commercial banks in the country to disclose all accounts in their custody and the balances in such accounts.

Central bank orders banks to keep database of fraudulent customers

The Central Bank of Nigeria (CBN) has directed banks to establish a database of their customers identified through their Bank Verification Numbers (BVNs) to be involved in confirmed fraudulent activities.

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