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FAKE NEWS ALERT: No Expiry Date for BVN, Valid for Lifetime – CBN

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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.

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Obidient Movement congratulates Amupitan on appointment as INEC chairman

In a statement jointly signed by Yunusa Tanko, National Coordinator, and Nana Kazaure, Director of Strategic Communications and Media, the movement commended President Bola Tinubu for the appointment and extended its warm felicitations to the new INEC chairman.

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Supporters of Peter Obi, the 2023 Labour Party presidential candidate, have congratulated Professor Joash Amupitan on his appointment as the new Chairman of the Independent National Electoral Commission (INEC).

The group, under the aegis of the Obidient Movement, expressed optimism that Amupitan’s leadership would usher in a new era of credibility and transparency in Nigeria’s electoral process.

In a statement jointly signed by Yunusa Tanko, National Coordinator, and Nana Kazaure, Director of Strategic Communications and Media, the movement commended President Bola Tinubu for the appointment and extended its warm felicitations to the new INEC chairman.

“As we reflect on the experiences of past INEC chairmen, we are hopeful that your tenure will mark a significant milestone in the electoral history of Nigeria,” the statement read.

“We look forward to reforms that will enhance the credibility, freedom, and fairness of our elections, particularly as we approach the 2027 General Elections.

(The Nation)

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Jubilations in Kogi Over Tinubu’s Appointment of Amupitan as INEC Chairman

On behalf of the Government and the good people of Kogi State, we assure Mr. President and the entire nation that Prof. Amupitan will uphold the confidence reposed in him and continue to bring honour to the state and to Nigeria through his dedication to credible and transparent elections.

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•Prof Joash Ojo Amupitan

  1. The Government and people of Kogi State express profound appreciation to the President and Commander-in-Chief of the Armed Forces, Bola Ahmed Tinubu, for the appointment of Prof Joash Ojo Amupitan, a distinguished son of Kogi State, as the new Chairman of the Independent National Electoral Commission (INEC).
  2. In a statement on behalf of the state government, Kingsley Femi Fanwo Commissioner for Information and Communications, said :
  3. ” This appointment is a strong validation of President Tinubu’s commitment to excellence, merit, and national inclusiveness in the leadership of our democratic institutions.”
  4. The statement reads:” Prof. Amupitan’s illustrious career as a renowned legal scholar, Senior Advocate of Nigeria, and respected administrator stands as a testament to his capacity for impartiality, integrity, and intellectual depth, qualities that are vital to the advancement of our electoral system.
  5. On behalf of the Government and the good people of Kogi State, we assure Mr. President and the entire nation that Prof. Amupitan will uphold the confidence reposed in him and continue to bring honour to the state and to Nigeria through his dedication to credible and transparent elections.
  6. We heartily congratulate Prof. Joash Ojo Amupitan, on this well-deserved national assignment and pray for divine wisdom, strength, and success as he assumes this critical responsibility.”


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Former diplomat Christopher Kolade dies at 92

Born on December 28, 1932, in Erin-Oke, Osun State, Dr Kolade led a life marked by integrity, leadership, and service across multiple spheres — from broadcasting and diplomacy to corporate governance and academia.

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•Dr Christopher Kolade

Dr Christopher Kolade, a renowned former diplomat and one of Nigeria’s most respected elder statesmen, is dead, aged 92.

“We are thankful for his incredible life of faith and service; and are grateful for God’s abundant blessings,” his family announced his death in a statement on Wednesday, October 8, 2025.

Born on December 28, 1932, in Erin-Oke, Osun State, Dr Kolade led a life marked by integrity, leadership, and service across multiple spheres — from broadcasting and diplomacy to corporate governance and academia.

A son of an Anglican missionary, Kolade attended Government College, Ibadan, before proceeding to Fourah Bay College in Freetown, Sierra Leone.

His academic excellence earned him honorary doctorate degrees from institutions such as the University of Sierra Leone (1976) and McPherson University (2016).

Dr Kolade began his professional journey in broadcasting, where he rose to become Director-General of the Nigerian Broadcasting Corporation (NBC).

His career later expanded into the corporate world, where he served as Chief Executive and Chairman of Cadbury Nigeria Plc.

His leadership and reputation for ethical conduct earned him an appointment as Nigeria’s High Commissioner to the United Kingdom, a role he performed with distinction.

After his diplomatic service, Dr Kolade continued shaping minds and institutions as a lecturer in Corporate Governance and Human Resource Management at the Lagos Business School (LBS), and in Leadership and Conflict Management at the School of Media and Communication (SMC), both under Pan-Atlantic University, Lagos.

He also served as Pro-Chancellor and Chairman of the Governing Council of the university.

Beyond academia, Dr Kolade held key leadership roles in several professional bodies, including the Nigerian Institute of Management, the Institute of Personnel Management of Nigeria, the International Institute for Communications, and the World Association for Christian Communication.

Recognised for his outstanding service to humanity, he received numerous honours, including the Order of St. Augustine medal from the Archbishop of Canterbury. In 2012, he was appointed by then-President Goodluck Jonathan as Chairman of the Subsidy Reinvestment and Empowerment Programme (SURE-P) Board.

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