Twenty-one days to the expiration of the Central Bank of Nigeria, CBN, deadline for all bank customers to have Bank Verification Number, BVN, the Nigerian Interbank Settlement System (NIBSS), registration data showed that over 60.2 million Nigerians now have a BVN.

By Olasunkanmi Akoni LAGOS—MOTORISTS and commuters were, yesterday, trapped in traffic for several hours, as the eight-week repair works on the Third Mainland Bridge in Lagos, by the Federal Government, entered the second day. The Federal Government, on Tuesday, commenced repair works amid a mild gridlock. The situation was worsened by the traffic diversion along […]

Nigerians, it seems, have moved on from the political events of 2023. Some are already talking about, others planning for, 2027. But the thoughtful and perceptive will not easily forget 2023. For the events of that year will have far-reaching consequences that could unsettle Nigeria for decades. As someone who is heavily invested in Nigeria’s political […]

•Accuses them of Banks & Other Financial Institutions Act’s infraction •As Special Investigator asks FG to take over banks By Emma Ujah, Abuja Bureau Chief & Peter Egwuatu  The Central Bank of Nigeria, CBN, has dissolved the board and management of Union Bank, Keystone Bank, and Polaris Bank. According to statement by the CBN Ag. Director […]

The Central Bank of Nigeria has announced a new appointment of executive officers for Union Bank, Keystone Bank, and Polaris banks following the dissolution of the board of the banks on Wednesday.