Tag: BVN

EFCC Obtains Order To Detain Fani Kayode In Custody For Two Weeks

The Economic and Financial Crimes Commission has obtained a remand order to keep a former Minister of Aviation, Chief Femi Fani-Kayode, in custody for the next two weeks. The remand order is, however, renewable after 14 days depending on the outcome of investigations. Fani-Kayode is being investigated by the EFCC[Read More…]

“The BVN Is Personal & Should Not Be Disclosed” – Workers Kick As Aregbesola Orders Civil Servants To Submit BVN

Some civil servants in Osun State have flayed the state government for demanding for their Bank Verification Numbers, alongside other information which the government requested them to submit before Wednesday. Some of the workers at the state Civil Service Secretariat argued that the BVN was their personal number and should[Read More…]

Pat Utomi: Numbed By Overload Of The Unsavoury

After 40 years of active engagement in the Public Sphere in Nigeria I have seen and heard enough to understand why someone can say Nigeria is unshockable. But the reports of EFCC findings of cash sacks in pits and Security cash for elections ATM which should ordinarily reaffirm my point[Read More…]

Be Very Nervous (BVN), Nigeria Banking Population By SOS/Sonala Olumhense

Do you operate a bank account in Nigeria?   If you do, it is a safe bet that you have obtained a Bank Verification Number, introduced by the Central Bank of Nigeria (CBN) in 2015 allegedly to make banking simpler in the country.   If you have not, you probably[Read More…]

CBN Says BVN Registration Continues

Following the expiration of the October 31st deadline for the registration for Bank Verification Number, the Central Bank of Nigeria has announced that the process will still be ongoing. Speaking to newsmen yesterday, CBN spokesman Ibrahim Muazu said the deadline was just to achieve a primary aim of creating more[Read More…]

Banks To Deactivate Unregistered Accounts As BVN Deadline Expires

Bank customers that are unable to obtain their bank verification numbers (BVNs) before the close of business this Friday would not be able to operate such accounts as the Central Bank of Nigeria (CBN) has ruled out another extension of the deadline, which expires this Friday. The Central Bank of[Read More…]

All Unregistered Bank Accounts To Be Blocked After October 31 Deadline

The Bankers’ Committee, an umbrella body of managing directors of deposit money banks in the country and directors of the Central Bank of Nigeria (CBN), has called on bank customers who are yet to obtain their Bank Verification Number (BVN) to do so between this period and October 31 to[Read More…]