9 Nov 2017
The court also compels the DMBs to, among other things, disclose the names of the accounts as operated; account number(s); outstanding balances; domiciliary accounts and branches/locations where the accounts without BVN are domiciled.
6 Nov 2017
The development, which indicates a two-fold outcome of increased mortality as well as adult population and disinterest, comes in the wake of a challenging three-year economic crisis and poor infrastructure needed to drive the scheme.
31 Oct 2017
The group is seeking to be joined in the suit, because the cause of action was akin to a class action, while the parties affected by the order were not before the court.
31 Oct 2017
Experts, including the Managing Director of Inlaks, Femi Adeoti, have reiterated this, adding that provision of basic infrastructure will also speed up the processes of bringing more Nigerians into the formal financial system.
30 Oct 2017
The Incorporated Trustees of Total Support for Rule of Law and Justice Initiative has faulted moves by the Federal Government to obtain a court order for the permanent forfeiture of all deposits in all of the nation’s 19 commercial banks without Bank Verification Number (BVN).
29 Oct 2017
A repeat of the credit and liquidity squeeze, which rocked the banking sector in the wake of the takeoff of Treasury Single Account (TSA)...
27 Oct 2017
Senior Special Assistant to the President on Foreign Affairs and Diaspora has appealed to both the Central Bank of Nigeria (CBN) and Attorney-General of the Federation (AGF), Abike Dabiri-Erewa....
20 Oct 2017
The Central Bank of Nigeria (CBN) has said it will hold commercial banks responsible for any fraud arising from failure to enlist individual customers into the Bank Verification Number (BVN) scheme.
29 Sep 2017
Federal Government has announced its decision to stop what it called proliferation and duplication of biometric-based identity systems in the country.
22 Sep 2017
Acting Secretary to the Government of the Federation (SGF), Habiba Lawal, said in spite of the commission’s success at data capture of registered persons in the country, there was still much more to be done.
7 Aug 2017
Central Bank of Nigeria (CBN) has extended the deadline for registration into the Bank Verification Number (BVN) project for Other Financial Institutions (OFIs) to December 31, 2017.
28 Jul 2017
National Identity Management Commission (NIMC) has blamed weak Public-Private Partnership (PPP) arrangement for the delay in the distribution of the all-important electronic identity cards (e-IDs)