ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, September 21, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

CBN To Launch BVN Platform For Nigerians In Diaspora – Cardoso

by Mark Itsibor
11 months ago
in News
Cardoso
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

The Central Bank of Nigeria (CBN) is set to roll out a new Bank Verification Number (BVN) platform by December 2024, aimed at enabling Nigerians living abroad to access banking services without the need for physical verification.

CBN Governor Olayemi Cardoso announced this initiative on Wednesday during an engagement with members of the Nigerian community at the World Bank and International Monetary Fund (IMF) meetings in Washington, D.C.

Cardoso revealed that the platform, developed in collaboration with the Nigerian Inter-Bank Settlement System (NIBSS), a subsidiary of the CBN, was designed to enhance convenience for Nigerians in the diaspora.

He said the platform will allow them to remotely complete Know Your Customer (KYC) processes, eliminating the need to travel long distances for in-person biometric verification.

Related News

BREAKING: Thelma, Bright Evicted From BBNaija Show

53 minutes ago

Nigeria’s Crude, Condensate Output Hits 1.63mbpd In August

2 hours ago

“As far as we are concerned, it is totally unacceptable that you should be out here and face hassles in operating your accounts or conducting business in your home country,” Cardoso said. He assured the diaspora community that the initiative will ensure seamless access to Nigeria’s financial services from anywhere in the world.

The non-resident BVN platform, which will be launched by NIBSS, is part of CBN’s broader effort to improve financial inclusion and accessibility for Nigerians abroad. “This initiative, in collaboration with our banks, marks a significant step toward greater financial inclusion and accessibility as we continue to roll out innovative solutions,” Cardoso added.

Introduced in 2014, the BVN is a unique identifier required to own and operate bank accounts in Nigeria. The new platform aims to streamline the process for Nigerians living abroad, allowing them to manage their local bank accounts, conduct business, and resolve KYC issues with financial institutions more efficiently.

Join Our WhatsApp Channel

Tags: Olayemi Cardoso
SendShare10177Tweet6361Share

Other News Updates

Entertainment

BREAKING: Thelma, Bright Evicted From BBNaija Show

2025/09/20
Business

Nigeria’s Crude, Condensate Output Hits 1.63mbpd In August

2025/09/20
News

EFCC, South Korean Police Sign MoU On Tackling Financial Crimes

2025/09/20
News

PICTORIAL: Akpabio Hosts Akwa Ibom-born UK’s Mayor Of Islington In Abuja

2025/09/20
News

Kwara Chairmen Make U-turn, Shelve Closure Of Cattle Markets In 7 LGs

2025/09/20
News

Communities Thrown Into Darkness As Transmission Tower Collapses In Kaduna

2025/09/20
Leadership Conference advertisement

LATEST

BREAKING: Thelma, Bright Evicted From BBNaija Show

Nigeria’s Crude, Condensate Output Hits 1.63mbpd In August

EFCC, South Korean Police Sign MoU On Tackling Financial Crimes

PICTORIAL: Akpabio Hosts Akwa Ibom-born UK’s Mayor Of Islington In Abuja

Ronaldo Bags Brace As Al-Nassr Thrash Al-Riyadh 5-1

Kwara Chairmen Make U-turn, Shelve Closure Of Cattle Markets In 7 LGs

Communities Thrown Into Darkness As Transmission Tower Collapses In Kaduna

EDSIEC Defies Court Order, Conducts By-Elections For Councillors In Edo

‘If I Wanted 3rd Term, I Would Have Gotten It’, Obasanjo Breaks Silence On Tenure Elongation Allegations

Ooni Crowns 20 Monarchs In Osun

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.