The Central Bank of Nigeria (CBN) says that only 57.4 million individuals out of Nigeria’s population of over 200 million have a Bank Verification Number (BVN). The BVN project was launched in February 2014 in collaboration with the Nigerian Interbank Settlement System (NIBSS), the Bankers’ Committee, and deposit money […]
Godwin Emefiele
The President of Nigeria, Major General Muhammadu Buhari (retd.), has launched the ‘Giwa 2 Project’, an advanced communication facility intended for the exclusive use of the Nigerian Armed Forces. The project is designed to provide a secure and dedicated communication channel for real-time audio and video transmissions during military […]
The Minister of Finance, Budget and National Planning, Zainab Ahmad says she is not aware that the Central Bank of Nigeria is planning to replace its naira currency to reduce excess cash, inflation, and crime. The Minister who commented on the policy in response to a question raised by Senator […]