Jonathan’s transition hours
Former president, Dr. Goodluck Ebele Jonathan’s book My Transition Hours launched the other day to coincide with his 61st birthday is a welcome literary contribution to the record of public service at the highest level in Nigeria. We congratulate Jonathan on his birthday. We also commend him for ‘putting pen to paper’ to give account…
Students condemn UNN request for BVN pins
The University of Nigeria Nsukka plans to enact a BVN policy, where every student submits his or her BVN Personal Identification Numbers (PINs) to the school.
Credit Bureaus seek single unique identification for improved access
To further bridge the financing gap for more than 74 per cent of Small and Medium Enterprises (SMEs), the Credit Bureau Association of Nigeria (CBAN), has said a single unique identifier would aid improved access to credit to fund small businesses in the country. Indeed, the Bureau emphasised the need for investment in infrastructure for…
EFCC’s agric loan recovery efforts trigger questions on due diligence
Sequel to Federal Government’s directive to the Bank of Agriculture (BOA) to recover non-performing loans within 90 days, the bank has partnered with security agencies...
Tackling public sector corruption starts and ends with technology
1999 was a big year for Nigerian technology. The fear of the Y2K bug and the drive by institutions to become compliant was a boost to hardware sales and software implementation.
CBN, BVN and fraud
Deposit Money Banks in the country have, appropriately been ordered by the Central Bank of Nigeria (CBN) to suspend bank accounts and Bank Verification Numbers (BVN) of their customers linked with any fraudulent activities.
Nasarawa government closes MDAs accounts for accountability
The Nasarawa State government has closed all accounts of ministries, departments and agencies (MDAs) to enable it monitor and properly account for spent and unspent funds.
Biometrics, BVN and Nigeria
The introduction of Biometric identification was to stop different kinds of fraud. There were too many fictitious bank accounts; inactive bank accounts are raided by the employees, to stop this, the bank instituted a regime of dormant accounts....
BVN validation and bureau de change operators as veritable partners
The Association of Bureaux De Change Operators of Nigeria (ABCON), the umbrella body of Bureaux De Change (BDCs) has just completed a comprehensive course on the use and deployment of Bank Verification Number (BVN) Validation Portal, made possible by the Nigeria Interbank Settlement System.....