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Importance of Bank Verification Number

Importance of Bank Verification Number

THE Bank Verification Number, BVN, is another important step the Central Bank of Nigeria, CBN, is using to strengthen the security of banking transactions and to ensure that fraudulent transactions are minimised, if not totally eliminated. The campaign is on, but the public may not realise its importance until it closes in June 2015.

Protesting workers besiege oil firm’s facility in Bayelsa

Protesting workers besiege oil firm’s facility in Bayelsa

YENAGOA—Hundreds of protesting workers, yesterday, besieged a multi-billion naira Shell Petroleum Development Company’s Gbarain-Ubie Gas Gathering plant in Yenagoa Local Government Area of Bayelsa State over alleged violation of local content law and poor employment policies.

Robbers kill undergraduate in Ado-Ekiti

Robbers kill undergraduate in Ado-Ekiti

RESIDENTS of Adebayo
area, Ado Ekiti, have been thrown into a mournful mood as armed robbers shot dead one Temitope Ogunleye, a student of the Federal Polytechnic, Ado-Ekiti, during a midnight operation.
The ND 2 Accountancy student died when a 12-man armed robbery gang attacked his father’s house at Adebayo area of the state capital.
Vanguard gathered that the young man and his parents and sister, Yetunde, a student of Olabisi Onabanjo University, Ogun State, were at home when the robbers struck.

Forex Earnings: CBN to sanction exporters — Emefiele

Forex Earnings: CBN to sanction exporters — Emefiele

In its bid to shore up Nigeria’s foreign exchange earnings, Central Bank of Nigeria said it will enforce the repatriation of dollar-proceeds from exports will impose sanctions against exporters that do not comply.