Nigerians Abroad to Gain Easier Access to Local Banking with New BVN Platform
The Nigerian Inter-Bank Settlement System (NIBSS) is set to launch a new non-resident BVN (Bank Verification Number) platform in December 2024. This ...
Tag: Bank Verification Number (BVN)
OPay to Remove Accounts Without BVN, NIN from March 1
Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank ...
BVN Registration Increases to 59.9 Million ahead of CBN’s April Deadline – NIBSS
Registration for the Bank Verification Number (BVN) increased to 59.9 million as of December 18, 2023. This was revealed in ...
CBN to freeze Bank Accounts without BVN, NIN from April 2024
The Central Bank of Nigeria has directed a “Post no Debit” restriction on all bank accounts without a Bank Verification ...
Bank Account Owners in Nigeria with BVN hits 58.7 Million – NIBSS
There has been an increase in the number of bank account owners in Nigeria with Bank Verification Number (BVN), with ...
Nigeria now has 57.96m BVNs issued – NIBSS
A data from the Nigeria Inter-Bank Settlement System Plc (NIBSS) has revealed the total number of issued Bank Verification Numbers, ...
190 million bank accounts without BVN to be closed as CBN issues 30-day ultimatum to banks
Nigerian banks have been given a 30-day ultimatum by the Central Bank of Nigeria (CBN) to close bank accounts that ...
We Are Monitoring 6,047 BVNs For Suspected Fraudulent Transactions- CBN
At least 6,047 Bank Verification Numbers of bank customers have been placed under the Central Bank of Nigeria watch list ...
