Tag: BVN

CBN unveils platform for diaspora Nigerians to obtain BVN without physical presence in Nigeria

Bode DoluLeave a Comment on CBN unveils platform for diaspora Nigerians to obtain BVN without physical presence in Nigeria

Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has launched the Non-Resident Bank Verification Number (NRBVN) platform, a significant initiative aimed at enhancing financial access for Nigerians in the diaspora. The platform, which enables Nigerians abroad to obtain their BVN remotely, removes the need for physical presence in Nigeria. […]

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CBN to freeze bank accounts without BVN, NIN in Nigeria

Bode DoluLeave a Comment on CBN to freeze bank accounts without BVN, NIN in Nigeria

Central Bank of Nigeria (CBN) says beginning from April 2024, it will freeze all bank accounts without a Bank Verification Number (BVN) or National Identification Number (NIN). The circular released by the apex bank on Friday, December 1, instructed banks to place a “Post no Debit” restriction which prevents customers from making withdrawals, transfers, or […]

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