Identify thieves inflict tears, losses on Nigerians
Nigerian financial system has been jolted by a new wave of cyber threats targeting Nigerians, banks, e-commerce and other daily financial activities.
Nigeria better today, presidency insists
The presidency yesterday insisted Nigeria is better today than it was when President Muhammadu Buhari took over the reins of government on May 29, 2015.
Revolutionising tax for Nigeria’s sustainable growth
The Federal Inland Revenue Service (FIRS) is currently implementing small businesses -friendly tax policy that temporarily exempts operators with an annual turnover of N25 million and below from charging Valued Added Tax while deploying technology to ensure continued quality service delivery to taxpayers across every segment of the economy. FIRS performance showed that tax revenue…
ASUU rejects submission of BVN as condition for payment of withheld salaries
The Academic Staff Union of Universities (ASUU) says it has rejected the submission of Bank Verification Number (BVN) as a condition for payment of February and March withheld salaries of lectures in the Federal Universities.
Tinubu asks government to transfer relief fund to Nigerians via BVN
National leader of the All Progressives Congress (APC) Bola Tinubu has asked the Nigerian Government to transfer relief funds to citizens via their Bank Verification Number (BVN). Tinubu in a statement said the relief fund will meet the needs of many families who the government's stay-at-home order has exposed to more hardship. "Most families need…
FG to link SIM cards, BVN to curb crime
Mr Isa Pantami, minister of Communications and Digital Economy, has called on the Nigerian Communications Commission (NCC) to ensure Subscriber Identification Number (SIM) cards registration
Institute, others seek improved tax system to enhance revenue
Tax authorities and other critical stakeholders have said there is an urgent need to address some key issues in the Finance Act, as well as improve the tax system if the government
Why can’t BVN be classless?
A recent report that Bank Verification Number (BVN) introduced into the Nigerian banking industry in 2014 to serve as a unique identifier of bank customers in the country under a centralised...
41,000 civil servants in Bauchi don’t have BVN, says commissioner
The Bauchi State Government has revealed that over 41,000 civil servants on its payroll do not have their account number linked to their Bank Verification Number (BVN).
Don’t pamper banks to make loans
The Bankers’ Committee in collaboration with the Central Bank of Nigeria recently put in place a credit risk protection clause that should be put in its proper context. It is a banking industry-wide shield against loan default in the wake of the CBN directive requiring each deposit money bank...