Mr Bello Hassan, managing director/CEO, Nigeria Deposit Insurance Corporation (NDIC), has said that the use of Bank Verification Numbers (BVN) facilitated the successful reimbursement of 84.98...
Nigeria Deposit Insurance Corporation (NDIC) has said that it has successfully disbursed insured deposits of up to ₦5 million each to 82.36% of customers of the...
Federal government recently announced plans to launch three new national identity cards in May, targeting 104 million citizens. This initiative is part of a broader effort...
Central Bank of Nigeria (CBN) has proposed two categories of Bureau De Change (BDC) licence- Tier 1 and Tier 2- that would see the minimum capital...
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...
Central Bank of Nigeria (CBN) has said that the said the security and dependability of the eNaira stems from the fact that it uses cryptographic technologies...
Online payments reached record heights in Nigeria in the third quarter of 2020, when the value of transactions increased to $116 billion from $68.3 billion in...
Central Bank of Nigeria (CBN), has directed all commercial banks to publish on their websites, names and Bank Verification Numbers (BVNs) of customers found to have...
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....
Federal government on Friday apologised for asking all account holders in financial institutions in the country to re-register their personal details. Recall that the federal government...
