CBN introduces non-resident BVN by Dec for diaspora financial inclusion and economic ties.
The Central Bank of Nigeria (CBN) will introduce a non-resident Bank Verification Number (BVN) platform by December, allowing Nigerians abroad to manage their local bank accounts and complete remote Know Your Customer (KYC) processes. This initiative aims to enhance financial inclusion for the diaspora and strengthen economic ties with Nigerians overseas. Additionally, the Nigerian government has restructured ministries and reshuffled its cabinet.
October 23, 2024
24 Articles