30 results
- 9 Dec 2024
Dermalog Says Its Biometric System Ensures Bank ID Verification for over 64m Nigerians
Dermalog, German identification systems firm has said that a biometric platform it established for Nigeria nine years ago, in partnership with Central Bank of Nigeria(CBN), now facilitates ID…
- 18 May 2026
Identy.io, US Firm Eyes 1Bn Biometric Verification Transactions in Nigeria
Identy.io, a United States-based cybersecurity and mobile biometric authentication company, has announced plans to process one billion biometric identity verification transactions in Nigeria within…
- 12 Jun 2014
Banks Set for Biometric Registration of Customers on Monday
Deposit Money Banks will on Monday next week commence the biometric registration of their customers, the Nigeria Inter-Bank Settlement System Plc, the organisation coordinating the project, has said.…
- 31 May 2016
HID Global Offering Biometric Authentication for Nigerian Bank Security- Sarrail
As the Nigerian banks and the counterparts across the globe continue in search of solutions to identity theft and to reduce waste, fraud and abuse, HID Global has expressed willingness to partner…
- 6 Jul 2015
UBA Introduces Simplified Process for BVN Registration
United Bank for Africa (UBA) Plc, Africa’s financial powerhouse, has introduced a simple, convenient and hassle free process for customers of the bank to submit their Biometric Verification Numbers…
- 9 Nov 2014
NIMC, CBN at Loggerheads over BVN Scheme
Central Bank of Nigeria (CBN) and National Identity Management Commission (NIMC) last week failed to agree on who should have full control over the Biometric Bank Verification Number (BVN)…
- 8 Aug 2019
NIBSS Says There are 38m Bank Accounts in Nigeria
The number of bank accounts in Nigeria has hit 36 million, as Bank Verification Number (BVN) enrolment in the country increased to 38,696,142, according to figure released by the Nigeria Interbank…
- 24 Jun 2015
Banks Capture 14m Customers BVN
About 14 million bank customers nationwide had enrolled for the Bank Verification Number (BVN), according to Nigeria Inter-Bank Settlement System (NIBSS) Plc. BVN is for biometric registration of all…
- 28 Nov 2016
Fear of BVN: Corrupt Nigerians Abandon Billions in Banks
Bank Verification Number (BVN) policy introduced by the Central Bank of Nigeria (CBN) may have revealed over one million bank accounts that have been abandoned by those who illegally acquired their…
- 19 Apr 2022
BVN Issued Hit 54m
About 2.3 million Bank Verification Numbers (BVNs) were issued in Nigeria in the last three months, bringing the total number of biometric enrollments for the bank IDs to 54 million, as of April 10.…
- 24 Oct 2017
Banks Send Messages to Customers without BVN
Banks have started sending text messages and electronic mails to customers without Bank Verification Number (BVN), asking them to come and complete the biometric registration process. This…
- 26 Feb 2019
Accounts Linked to BVN Hit 37m
Nigeria Inter-Bank Settlement System Plc (NIBSS) records have shown that about 36.8 million bank accounts have been linked to the Bank Verification Number (BVN) as of February 17 this year. …
- 19 May 2023
CBN Asks Banks to Close Accounts not Linked to ID
Central Bank of Nigeria (CBN) has given banks in Nigeria 30 days to close accounts that have not been linked to a biometric Bank Verification Number (BVN). This is part of a review of the BVN’s…
- 7 May 2023
CBN Watchlists 572 Bank Customers
Central Bank of Nigeria (CBN), said that it placed an e-payment ban on the Biometric Verification Number (BVN), of 572 bank customers for fraud related issues. Adewuyi Adeyemi, deputy director,…
- 1 Jun 2022
Enrolments for BVN Hit 54.7m, Rises by 3m in May 2022
Enrolments for the Biometric Verification Number (BVN) by bank account owners in the country rose to 54.7 million as of May 29, 2022, Nigeria CommunicationsWeek has learnt. According to the data…
- 8 Jul 2026
BVN Enrollments Hit 69.55m- NIBSS
Nigeria’s Bank Verification Number (BVN) database expanded to 69.55 million as of July 5 2026 from 69.32 million in June 2026, according to latest data released by the Nigeria Inter-Bank Settlement…
- 6 Jan 2021
BVN Enrolments Hit 45.7m, Increase By 1.7m in 2 Months
The new enrolments for the Biometric Verification Number (BVN) by bank account owners in the country rose by 1.7 million in the last two months bringing the total registration to 45.7 million as of…
- 22 Jun 2015
Customers Besiege Banks for BVN Exercise Few Days to Deadline
Many bank customers in Makurdi on Monday besieged their banks to collect their Bank Verification Number (BVN) a week to the deadline of the exercise. The News Agency of Nigeria (NAN) reported that…
- 14 Sept 2015
NIBSS Partners Etisalat on BVN Query Service
The Nigeria Inter Bank Settlement System Plc (NIBSS) says over 20 million customers have been enrolled by banks in the ongoing Bank Verification Number (BVN). The organisation said in a statement…
- 25 Jun 2018
Banks Soon to Abandon PIN - Report
An estimated 1.9 billion global bank customers will be using biometrics to access everyday banking services by the end of 2020. This is according to the Goode Intelligence's latest research,…
- 11 Jan 2018
CBN Orders MFBs, Others to Suspend Accounts Without BVN
Central Bank of Nigeria (CBN) has directed Other Financial Institutions (OFIs) to place all accounts without Biometric Verification Number (BVN) on a ‘post no debit’ status. OFIs operators are those…
- 25 Oct 2015
5 Days BVN Deadline, Banks Enrol 21m Customers
Nigeria Interbank Settlement System (NIBSS) said that about 21 million bank customers have enrolled for the Biometric Verification Number (BVN), five days to the October 31st deadline for…
- 19 Jul 2022
Over 79m Active Bank Accounts not Linked to BVN – NIBSS
Nigeria Inter-Bank Settlement System (NIBSS) has revealed that about 78.73 million active bank accounts are yet to be linked with the Biometric Verification Number (BVN) despite various measures put…
- 26 Sept 2015
CBN Says 32m Accounts Yet to Enroll on BVN
The Central Bank of Nigeria has said that 32 million active bank accounts have yet to be enrolled on the Biometric Verification Number by September. In a statement in Abuja on Friday, Mu’azu Ibrahim,…
- 3 Aug 2016
CBN Okays Cheques into Savings A/Cs, Removal Interests on ATM Cards
Central Bank of Nigeria (CBN) on Tuesday approved the payment of cheque deposits into savings accounts, in one of its new four new guidelines for the banking industry. Prior to this development, bank…
- 28 Aug 2015
Frost & Sullivan Honors DERMALOG for Biometrics Achievements in Nigeria, Others
The consulting company Frost & Sullivan has awarded Germany’s largest biometrics manufacturer DERMALOG and its customized solutions and products for Africa with the “2015 African Biometrics…
- 5 Nov 2018
Some 25.7m Bank Customers Yet to Enroll for BVN
Central Bank of Nigeria (CBN) has said that some 25.7million bank customers are yet to be captured in the Bank Verification Numbers (BVN) exercise as at June 30, 2018. The apex bank stated…
- 10 Mar 2021
FCMB Introduces Paperless, Cardless Transactions at Branches, ATMs, POS Terminals
First City Monument Bank's (FCMB) Customers can now seamlessly carry out an array of transactions with just their fingerprints and Bank Verification Numbers (BVNs). This followed the introduction of…
- 9 Mar 2016
Stanbic IBTC Offers Nigerians in Diaspora more Access to BVN Registration
Stanbic IBTC Bank has expanded the registration process for the Biometric Verification Number (BVN) for its customers at designated centres across the world to ensure that its teeming customers in…
- 8 Feb 2021
FG to Replace BVN with NIN - Pantami
Federal government plans to replace Bank Verification Numbers (BVNs) with the National Identity Numbers (NINs), according to Dr Isa Pantami, minister of Communications and Digital Economy. The…