Archives Tag: BVN

Politics TECH

April 19, 2022

The Minister of Communications and Digital Economy, Dr. Isa Pantami, came under fire a few weeks ago when he suggested that the Bank Verification Number (BVN) is illegal and will have to be replaced with the newly hyped National Identification Number (NIN). This new announcement is already creating topics debating why the BVN has to … Continue reading BVN vs NIN: Digital Economy And Redundant Databases

By adedoyin

TECH

April 19, 2022

Opening a bank account used to be a big task, characterized by long queues and lengthy paperwork. But, thanks to advancements in mobile technology, you can simply use your mobile phone to open a bank account at your own convenience. GT Bank is one of the few banks leading the way in making banking services … Continue reading Tip of The Day: How to Open a GT Bank Account on Your Phone

By tobenna-ezike

Tip of the Day

April 19, 2022

You can check your BVN (Bank Verification Number) easily with your mobile phone on MTN, Airtel, Etisalat or Glo Network, by simply dialing *565*0# on your mobile phone. Note: This service does not require internet connection, but charges apply. And note that the BVN USSD code only works if you dial it on the mobile … Continue reading How to Check BVN Using Your Mobile Device

By kofoworola-a-omotayo

News

April 19, 2022

Banks are now complying with the Central Bank of Nigeria’s directive that all accounts without Bank Verification Numbers (BVN) should be temporarily restricted from debit transactions. This means that accounts without BVN can only receive transfers and deposits but cannot make payments or withdrawals. Please note that these accounts are still valid and these restrictions will … Continue reading Accounts Without BVN Suspended, BVN Enrolment Continues

By mary-odunuga

ECONOMY

April 19, 2022

The Central Bank of Nigeria has declared that over 40 million accounts have been enrolled in the Bank Verification Number (BVN) registration exercise. The BVN registration exercise ended on 31st October, 2015. According to the CBN, statistics by the Nigerian Inter-Bank Settlement System Plc (NIBSS) showed that, “20,833,635 accounts were enrolled as at October 25, … Continue reading Over 40 Million Accounts Enrolled in BVN Registration Exercise – CBN

By mary-odunuga

ECONOMY

April 19, 2022

Central Bank of Nigeria (CBN) has announced the extension of the deadline for Nigerian bank customers in the diaspora to enroll for their BVN to January 31, 2016. A statement by CBN Director, Corporate Communications, Alhaji Ibrahim Mu’azu, explained that the extension was to enable the customers in the diaspora complete the enrollment exercise as … Continue reading CBN Extends Deadline for BVN Registration for Nigerians in Diaspora

By ejura

Tip of the Day

April 19, 2022

This is to notify our readers that today, 30th October, 2015 is the last working day for BVN registration. The deadline for registration is tomorrow, 31st October, 2015. Without your BVN you’ll be unable to perform bank transactions from November 1, 2015 so ensure you register for your BVN today!  

By ejura

Tip of the Day

April 19, 2022

Are you a Nigerian living abroad? You can also get your BVN without hassle. Get your BVN by visiting any of the addresses in the table below with the following documents: ·  A valid means of identification e.g. Current International Passport, Driver’s License/National ID Card. ·  Account Name and Account Number ·  One recent passport photograph · Enrollment … Continue reading Nigerian in Diaspora? Where to Get Your BVN Today

By ejura

Tip of the Day

April 19, 2022

According to media reports, a total of 21 million customers in the country have obtained their BVN so far. Also, about 12,000 bank customers in the diaspora have taken advantage of the BVN registration centres created outside the country by the Central Bank of Nigeria (CBN) and the bankers’ committee. This is great news but … Continue reading 4 More Days to Register for BVN

By ejura

News

April 19, 2022

The BVN registration is a directive given in February 2014, by the Central Bank of Nigeria to all commercial banks in the country to register all their customers biometrically in furtherance of the “Know Your Customer” policy. It is aimed at protecting bank customers and further strengthening the Nigerian banking system. The BVN is also … Continue reading Know Your Bank Verification Number With Your Etisalat Line

By connectnigeria

News

April 19, 2022

The Bank Verification Number (BVN) registration is set to close tomorrow, 30th June, 2015 and all bank users have been mandated by the Central Bank of Nigeria to register in order to continue making bank transactions within the country. We hereby urge our readers who haven’t registered to do so today as failure to do … Continue reading BVN Registration to End Tomorrow

By ejura

BUSINESS

April 19, 2022

The bank verification number was introduced majorly to solve identity management challenges in the banking sector. The Central Bank of Nigeria CBN introduced the Bank Verification Number in collaboration with all other commercial banks operating in Nigeria due to the increase in compromise in the security system in the banking sector. There is a great … Continue reading Benefits of Having Your Bank Verification Number

By connectnigeria

TECH Tip of the Day Uncategorized

April 19, 2022

Do you want to protect your bank account from unauthorized access? The Central Bank of Nigeria has in partnership with all Nigerian banks, introduced a unique identification number for bank customers called the BVN – Bank Verification Number. The BVN gives every bank customer a unique identity across the Nigerian banking industry which will help … Continue reading Get Your BVN: Protect Your Bank Accounts From Fraudulent Activities

By mary-odunuga