Connect with us

News

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

Published

on

210 Views

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.

Crime

BREAKING: Pregnant woman, Nursing Mothers, children, others kidnapped in Fresh Kwara Attack

Published

on

7 Views

At least 11 residents of Isapa, a community close to Eruku in Ekiti Local Government Area of Kwara State, have been abducted.

The attack happened barely 24 hours after victims abducted during a church service were released.

A Christ Apostolic Church in Ekuru was holding a thanksgiving service to celebrate the freedom of 18 worshippers kidnapped about a month ago when gunmen broke in and abducted 38 persons after gunning down three.

The fresh attack, which occurred around 6:00 p.m. yesterday, it was gathered, was carried out by an estimated 20 to 30 terrorists.

They reportedly fired sporadically as they advanced, forcing residents to flee for safety.

An elderly woman was reportedly hit by a stray bullet during the incident.

A community leader, who confirmed the development under strict anonymity, said “eleven people were kidnapped, seven of them from the same household.

“The victims include a pregnant woman, two nursing mothers, and several young children”, he said.

Those abducted were identified as Talatu Kabiru, 20; Magaji, 6; Kande, 5; Hadiza, 10; Mariam, 6; Saima, 5; a housewife, Habibat; another housewife, Fatima Yusufu; a pregnant woman, Sarah Sunday, 22; a nursing mother, Lami Fidelis, 23; and another nursing mother, Haja Na Allah.

Eyewitnesses said the gunmen moved through sections of the town, leaving bullet holes in walls and doors.

Expended AK-47 shells were later recovered from several points in the community after the attackers retreated with their captives.

It was gathered that the situation has heightened tension across Isapa and surrounding settlements as security agencies and local vigilante groups intensify efforts to locate the kidnappers and rescue the victims.

Commissioner of Police, Adekimi Ojo, confirmed the incident, saying, “Yes, there was an incident, but I cannot say much now. I am about to enter Isapa from Ilorin. I will update you when I get there.”

Nigeria is currently witnessing one of its worse security crisis in history.

This has led to mass closure of schools, especially in the North.

Continue Reading

Crime

DSS Releases Suspected IPOB Member Detained Since 2022

Published

on

23 Views

……Awards N5m Compensation and Medicare.

Barely one month after directing the payment of N10 million compensation to Abuja businesswoman Mrs Chineze Ozoadibe, the Director-General of the Department of State Services (DSS), Oluwatosin Adeola Ajayi, has ordered the immediate release of Mr Kenneth Okechukwu Nwafor from Isuikwuato LGA, Abia State, who has been in detention since July 2022 over alleged links to the proscribed Indigenous People of Biafra (IPOB).

Mr Nwafor was also awarded N5 million in compensation and granted free medical care. Credible security sources disclosed that a comprehensive review of inherited cases exonerated him completely.

In the same vein, three other Abia indigenes – Udemba, Onyedikachi and Eze – earlier detained on similar IPOB-related allegations have been released after investigations cleared them.

A senior DSS source told journalists: “The DG gave a standing order for thorough case-by-case reviews of all pending and inherited detentions to ensure justice and due process. Mr Nwafor’s case is one of many that have been resolved under this directive.

”The source described the actions as evidence of Mr Ajayi’s commitment to the rule of law, accountability and swift remediation of operational errors.

Since assuming office, the DSS boss has overseen several high-profile compensations, including:- N20 million (double the court-awarded N10 million) to a Jos businessman mistakenly shot in the leg during a 2016 operation;- N10 million to Mrs Ozoadibe last month;- Additional N10 million shared among five other wrongly accused persons in the same matter.

“Mr Ajayi believes that when mistakes occur, the honourable thing is to correct them promptly and fairly and transparently. That culture is now firmly established in the Service,” the source added.

The latest releases and compensations have been widely seen as part of ongoing reforms to restore public trust in the agency.

Continue Reading

News

FG Launches Counter Terrorism Strategic Plan 2025 – 2030

For ours, the question is clear: How do we secure our nation, safeguard our people and set Nigeria irreversibly on the path of peace, growth and stability?“ The Strategic Plan 2025 – 2030 answers this question with vision, discipline and ambition.

Published

on

By

16 Views

The President of the Senate, Godswill Akpabio has formally unveiled Nigeria’s Counter Terrorism Strategic Plan 2025 – 2030.

The Strategic Plan was put together by the National Counter Terrorism Centre in the Office of the National Security Adviser.

In his Keynote address, Akpabio said the occasion was not merely the launch of another policy document but a defining moment in the nation’s journey.

“It is a moment when Nigeria again reaffirms that our people deserve to live without fear, that our children deserve a future of peace, and that our nation must be secured to prosper,” he said.

The Senate President remarked that every generation faced a question that history demanded it must answer.

“For ours, the question is clear: How do we secure our nation, safeguard our people and set Nigeria irreversibly on the path of peace, growth and stability?“ The Strategic Plan 2025 – 2030 answers this question with vision, discipline and ambition.

It offers a framework for transforming our institutions, modernising our security architecture, strengthening national resilience and expanding partnerships across government, industry, civil society and the international community”

“As President of the Senate, I have seen how insecurity weakens the foundations of development. Investors withdraw, schools close, farmers abandon their fields, and hope retreats from the hearts of our young people.

That is why a pragmatic, forward-looking and implementation-driven plan such as this is timely, necessary and welcome.”

(Independent)

Continue Reading

Trending