News
FAKE NEWS ALERT: No Expiry Date for BVN, Valid for Lifetime – CBN
The Central Bank of Nigeria (CBN) yesterday clarified that the Bank Verification Number (BVN) issued by the bank in collaboration with the Nigeria Inter Bank Settlement System (NIBSS) and has no expiry date.
The central bank’s explanation came against the backdrop of misleading reports in a viral video suggesting that the BVN would expire after a 10- year period.
However, in a statement yesterday, CBN acting Director, Corporate Communications Department, Dr. Isa AbdulMumin, said “Once a customer’s biometrics have been captured and enrolled in the database of NIBSS, the BVN remains for life.”
AbdulMumin, further clarified that the Regulatory Framework for BVN issued by the CBN in 2021 stipulates that customers can only change their records due to certain conditions spelt out in the document and after being cleared by relevant authorities
The apex bank, therefore, urged customers in the country, especially those whose biometrics had been captured by the system, to continue using their unique identifiers as they last their entire lifetime.
The apex bank in collaboration with the Bankers’ Committee, deployed a centralised Bank Verification Number (BVN) System in February 2014.
This was part of the overall strategy of ensuring effectiveness of Know Your Customer (KYC) principles, and promotion of safe, reliable and efficient payments system.
The BVN system gives each customer in the Nigerian banking industry, a unique identifier number.
News
Major Fire Engulfs Section of Computer Village in Ikeja, Lagos
A devastating fire broke out at the bustling Computer Village market in Ikeja on Monday, January 19, 2026, raging through parts of the popular electronics and IT hub and continuing into the early hours of Tuesday morning.
The blaze, which reportedly started in the afternoon or evening of January 19, affected multiple shops and commercial buildings in the densely packed market known as West Africa’s largest hub for computers, smartphones, accessories, and related gadgets.
Thick smoke billowed over the area as flames consumed valuable stock, including electronics and other merchandise worth potentially millions of naira.
Firefighters from the Lagos State Fire and Rescue Service responded to the scene, working through the night to bring the inferno under control. By Tuesday morning, January 20, the fire had been largely contained or extinguished, though pockets of smoldering remained in some structures.
No immediate reports of casualties have emerged from the incident, but traders and shop owners are said to have suffered heavy losses, with destroyed goods, damaged infrastructure, and disrupted business operations.
The cause of the fire remains under investigation, with preliminary indications pointing to possible electrical faults—a common risk in the area’s overcrowded and often makeshift wiring setups—though officials have not yet confirmed this.
Computer Village, located in the heart of Ikeja, is a vital economic center employing thousands and serving customers from across Nigeria and beyond. Incidents like this highlight ongoing concerns about fire safety, building regulations, and emergency response in such high-density commercial zones.
Authorities, including the Lagos State Police Command and fire service, are expected to provide further updates as assessments of the damage continue and support measures for affected traders are discussed.
Traders have begun tallying losses, and calls for better prevention measures are already circulating among market associations.
News
Governor Soludo Congratulates Chief Emeka Anyaoku on 93rd Birthday
Anambra State Governor, Professor Chukwuma Charles Soludo, has extended warm congratulations to renowned diplomat and elder statesman Chief Emeka Anyaoku on the occasion of his 93rd birthday.

In a statement issued by his Press Secretary, Christian Aburime, on January 18, 2026, Governor Soludo described Chief Anyaoku as a towering figure in global diplomacy, a national treasure, and a source of immense pride for Anambra State and Nigeria.
The Governor hailed Chief Anyaoku’s distinguished service as the third Commonwealth Secretary-General, praising it as a model of international leadership, conflict resolution, and unwavering commitment to democracy, human rights, and sustainable development.
He noted that Chief Anyaoku has consistently represented the best of Nigerian values—wisdom, integrity, and dedication to the common good—on the world stage, while at home he continues to inspire through intellectual depth, principled leadership, and patriotic service.
Governor Soludo described the elder statesman’s counsel as an invaluable resource in the pursuit of a progressive Anambra State and a united Nigeria.
The Governor wished Chief Emeka Anyaoku continued good health, lasting fulfilment, and peace in the years ahead, celebrating not only his longevity but the enduring legacy he has built for Nigeria, Africa, and the global community.
News
Anthony Joshua’s Driver to Face Trial, February 25 – Court
A Nigerian court has adjourned the trial of Adeniyi Mobolaji Kayode, the driver of heavyweight boxer Anthony Joshua, to February 25, 2026, in connection with a fatal road accident that claimed two lives late last year.
The case, involving charges of dangerous driving causing death and related offences, was heard at the Sagamu Magistrates’ Court in Ogun State.
Reports indicate the adjournment followed today’s proceedings, where the trial was set to begin.Kayode, 46, faces four counts, including causing death by dangerous driving, reckless and negligent driving, driving without due care and attention, and driving without a valid licence.
The charges stem from the December 2025 crash on the Lagos-Ibadan Expressway, where the Lexus SUV he was driving carrying Joshua as a passenger collided with a stationary truck.
The incident resulted in the deaths of two members of Joshua’s training team, Sina Ghami and Latif Ayodele.
Joshua and Kayode sustained minor injuries and were later released from hospital care.
Police investigations attributed the crash to excessive speed and wrongful overtaking. Kayode was arraigned earlier this month and has pleaded not guilty to the charges. He was previously granted bail.
The high-profile case continues to draw attention, with the next court date now scheduled for February 25.
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