Dear Nigerians, CBN Has Set Up A BVN Centre In South Africa

The Central Bank of Nigeria, CBN, has approved a centre to conduct biometric verification for Nigerians in South Africa. According to the Nigeria`s Consul General in South Africa, Uche Ajulu-Okeke, the Central Bank of Nigeria has approved a centre to conduct biometric verification for Nigerians in South Africa.

We Will Trace, Recover Stolen Oil Money And Prosecute Culprits – Buhari

Nigeria’s President, Muhammadu Buhari, has vowed that his administration would trace the accounts of individuals who stashed away ill-gotten oil money,  freeze, recover the loot and prosecute the culprits. Buhari made this statement on the third day of his visit to the US while reacting to questions from members of Nigerians

Comments, Queries For CBN and Banks on BVN


The two series article titled, BVN Enrolment: Facts behind the extension of deadline, generated several comments and questions from readers, especially online readers. Some of the questions are directed to the Central Bank of Nigeria, while others are to the banks.

Uproar as Nigerians in UK Pay N10, 000 For BVN


Nigerians in London, United Kingdom, have expressed frustration over the compulsory payment of £30 (about N10, 000) for the registration of the Bank Verification Number, as directed by the Central Bank of Nigeria. Apparently sad over their plight, some of them during the week stormed the Nigeria High Commission in

Anyaoku Mediates For Jonathan: Begs Pres. Buhari Not To Probe Him


Former President of Nigeria, Goodluck Jonathan has sent former Commonwealth Secretary General, Emeka Anyaoku, to plead with President Muhammadu Buhari not to launch an official probe of his administration. Information gathered from reliable sources close to the polity, including aides of President Buhari, says former President Jonathan’s dispatch of Mr.

CBN N8bn Scam Suspect Has Hole in Heart – Lawyer


Justice Olayinka Faaji of the Federal High Court, Ibadan Division, has been told that one of the suspects in the N8bn mutilated currency fraud suit, involving staff of the Central Bank of Nigeria and other commercial banks, has been diagnosed as having a in the heart. Yakubu Ruba, who is

Presidential Bailout For States: Matters Arising


By Tayo Ogunbiyi The recently announced bail out approved by President Muhammadu Buhari for states owing workers several months of salaries will, no doubt, be a welcome development to concerned workers across the country and, indeed, many of the affected states.  It should be stressed that more than a quarter

CBN Outlaws Use Of Naira Cards Abroad


In other to promote its forex curbs, the Central Bank of Nigeria, CBN, has banned the use of Naira denomination cards overseas. According to a circular to banks posted on its website on Monday, the apex bank stated that, where a company requires a card for overseas payments, such firms