Banks refuse to remit N1.2trn FG money, as 71m Nigerians use accounts without ID
The House of Representatives, Wednesday, alleged that 71 million Nigerians still operate their banks’ accounts without identification, just as it noted that trillions of Naira belonging to the Federal Government were being held by commercial banks.
Nigerians react to FG’s move to takeover accounts without BVN
Some residents of the Federal Capital Territory (FCT) have expressed disparate views over the order of interim forfeiture made by Justice Nnamdi Dimgba of the Federal High Court, Abuja directing that 46 million bank accounts not covered by the Biometric Verification Number (BVN) but domiciled in 19 Banks be taken over by the federal government
CBN unveils framework for BVN, Watch-list operations
CENTRAL Bank of Nigeria (CBN) has released a regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial system, in the quest to develop and enhance security of electronic payment systems in the country.
About 400,000 of our customers have BVN – Accion MfB
Even before the CBN made the BVN mandatory, AMfB has started requesting BVN from all our customers, we partnered with top commercial banks to get them to enroll our customers for BVN and we linked up with the Nigeria Inter-Bank Settlement System (NIBBS) to ensure we can verify those BVN and as at today almost 40,000 of our customers already have BVN and we are extending that to all savings customer. We are on track regarding that.
BVN: We are working ahead of deadline – NAMBLAG
Ahead of the July 31 deadline for the use of Bank Verification Number (BVN) for customers of Microfinance banks in the country, National Association of Microfinance Banks Lagos State Chapter, NAMBLAG, has said that the subsector is ready.
Jonathan developed Whistleblowing, TSA, other anti-corruption measures but… – APC Lawmaker
A member of the House of Representatives, Honourable Abiodun Olasupo, representing Iseyin/Iwajowa/Kajola/Itesiwaju federal constituency of Oyo state under the All Progressives Congress, APC, has said that Ex-President Goodluck Ebele Jonathan developed the Whistlblowing policy, the Treasury Single Account, TSA, the Bank Verification Number, BVN, and other anti-corruption mechanisms but lacked the will to use them to fight corruption to its knees
