BVN

Banks close 2m accounts over BVN, NIN, others

Banks close 2m accounts over BVN, NIN, others

Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with regulatory orders on the linkage of bank accounts to the National Identity Number, NIN.
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ABCON sensitises BDCs on BVN validation using NIBSS’s Portal

ABCON sensitises BDCs on BVN validation using NIBSS’s Portal

ASSOCIATION of Bureaux De Change Operators of Nigeria (ABCON) in collaboration with the Nigeria Interbank Settlement System (NIBSS) has carried out a comprehensive sensitization of Bureaux de Change (BDCs) on usage and deployment of Bank Verification Number (BVN) Validation Portal provided by NIBBS.

BVN: Give more time to Nigerians abroad, Dabiri-Erewa appeals to Cbn, Agf

BVN: Give more time to Nigerians abroad, Dabiri-Erewa appeals to Cbn, Agf

Senior Special Assistant to the President on Foreign Affairs and Diaspora,  Mrs Abike Dabiri-Erewa, has appealed to the Central Bank of Nigeria, CBN, and Attorney-General of the Federation, AGF, to put modalities and logistics in place for Nigerians in the Diaspora to obtain their Bank Verification Number, BVN, to avoid forfeiture of their savings in their respective bank accounts.