Tag: BVN

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CBN Directs MFBs, PMIs To Bar Customer Accounts Without BVN

CBN Directs MFBs, PMIs To Bar Customer Accounts Without BVN

The Central Bank of Nigeria (CBN) has directed microfinance banks and primary mortgage institutions regulated by its “Other Financial Institutions Dep...
42% Of Nigeria’s Adult Population Still Financially Excluded, Says EFInA

42% Of Nigeria’s Adult Population Still Financially Excluded, Says EFInA

Photo Caption: Chairman Senate Committee on Banking & Financial Institutions, Senator Rafiu Ibrahim; Chair, EFInA’s Board, Ms. Modupe Ladipo; Senior E...
CBN, NCC To Tighten SIM Card Swap Process

CBN, NCC To Tighten SIM Card Swap Process

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) would soon come up with regulations to tighten the process of Subsc...
CBN Shifts Deadline For BVN Enrolment By MFBs, PMIs To Dec. 31

CBN Shifts Deadline For BVN Enrolment By MFBs, PMIs To Dec. 31

The Central Bank of Nigeria (CBN) has directed that “with the effect from January 1, 2018, all customers without BVN linked to their account should no...
Multiple Share Subscription: Investors Get Six-Month Grace Period

Multiple Share Subscription: Investors Get Six-Month Grace Period

• Direct Cash Transfer Of Proceeds Begin Sept 1 Stakeholders in the Nigerian Capital Market Community rose from its 2017 first quarterly meeting on...
Aftermath Of CBN Hammer: Banks Woo SME Customers For Forex

Aftermath Of CBN Hammer: Banks Woo SME Customers For Forex

Following the decision of the management of the Central Bank of Nigeria (CBN) to carry out its threat by suspending 14 of the nation's banks from part...
CBN Sets July 31 Deadline For BVN Enrolment Of MFB, PMI Customers

CBN Sets July 31 Deadline For BVN Enrolment Of MFB, PMI Customers

In its bid to properly link the nation’s financial system together, the Central Bank of Nigeria (CBN) has extended the Bank Verification Number (BVN) ...
Beware Of Capital Market Fraudsters, EFCC Alerts Investors

Beware Of Capital Market Fraudsters, EFCC Alerts Investors

The Economic & Financial Crimes Commission (EFCC), on Friday updated investors in the capital market and the general public on recent trends in Capita...
CBN Opens Special Forex Window for SMEs With $100m

CBN Opens Special Forex Window for SMEs With $100m

• Offers $41m To BDCs For BTA, PTA, Medical, School Fees In line with its resolve to saturate the country’s foreign exchange market and frustrate t...