Enrolments for the Biometric Verification Number (BVN) by bank account owners in the country rose to 54.7 million as of May 29, 2022, Nigeria CommunicationsWeek has...
About 2.3 million Bank Verification Numbers (BVNs) were issued in Nigeria in the last three months, bringing the total number of biometric enrollments for the bank...
Pension Transitional Arrangement Directorate (PTAD) has said that over N7 billion has been saved through the use of Bank Verification Number (BVN) in its verification of...
House of Representatives’ Ad Hoc Committee on Unclaimed Funds in the Nigerian Commercial Banks and Infractions by the Central Bank of Nigeria (CBN) has begun investigation...
House of Representatives, Wednesday, alleged that 71 million Nigerians still operate their banks’ accounts without identification. The House has therefore, set up an ad hoc committee,...
Central Bank of Nigeria (CBN) has said that the said the security and dependability of the eNaira stems from the fact that it uses cryptographic technologies...
Online payments reached record heights in Nigeria in the third quarter of 2020, when the value of transactions increased to $116 billion from $68.3 billion in...
Central Bank of Nigeria (CBN) has announced that the yet-to-be-launched eNaira will have a new add-on that will enable users to complete transactions with mobile phones...
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of all dead customers to Nigeria Interbank Settlement...
Central Bank of Nigeria (CBN), in a bid to promote financial system stability, has declared that financial institutions and customers that violate the framework of the...