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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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LASG Announces Traffic Diversion Tonight At Fadeyi, Ojuelegba Bridge

Consequently, motorists are advised to use the highlighted route during the nighttime installation of the barriers; Motorists from Fadeyi Donmanlong Bridge/Ayilara inbound Ojuelegba are to make use of the Service Lane from Fadeyi/Jibowu/Empire/Donmanlong to link Barracks to access their desired destinations.

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The Lagos State Government has announced that installations of truck barriers at Fadeyi inward Donmanlong and Donmanlong inward Ojuelegba will takes effect from Saturday, January 10, 2026, at 10pm until Sunday, January 11, 2026

Therefore, the Commissioner for Transportation, Mr. Oluwaseun Osiyemi, urges motorists to use alternative routes during the installations period.

He said that the temporary closure of the bridge is to enhance road safety and prevent accidents along these high-traffic routes.

Consequently, Motorists are advised to use the highlighted route during the nighttime installation of the barriers; Motorists from Fadeyi Donmanlong Bridge/Ayilara inbound Ojuelegba are to make use of the Service Lane from Fadeyi/Jibowu/Empire/Donmanlong to link Barracks to access their desired destinations,” he said.

He implored residents and motorists to remain patient, noting that the installation was scheduled for night hours to minimize disruptions.

The Commissioner warned that motorists who vandalize or damage the barriers will face the wrath of the law.

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Homicide: Killer husband on the run for alleged murder of wife

Ayobami Ayanwale was allegedly stabbed to death in front of her children by her husband.

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Tragedy struck at number 21 Olutayo Alao Street, River Valley Estate, mainland Lagos.

A mother of three simply identified as Ayobami Ayanwale was allegedly stabbed to death in front of her children by her husband.

Eye-witness neighbours who confirmed the incident said that her body has since been deposited at a mortuary after she was pronounced dead on arrival at a hospital at Olowoora area of the community.

Following the incident, the alledged killer husband has fled, leaving the survived three children with the dead wife’s elder brother at Akute.

The case was reported to Adigboluja Police station Ojodu-Abiodun.

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Armed Forces Celebration and Remembrance Day on January 15

The Director Defence Information (DDI), Maj Gen Samaila Uba, disclosed this emphasising that the redesignation was to reflect the dual dual essence of the occasion in honouring the living while also acknowledging the fallen heroes.

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Previously known as ‘Armed Forces Remembrance Day‘, the name has been officially changed to ‘Armed Forces Celebration and Remembrance Day.’

The Director Defence Information (DDI), Maj Gen Samaila Uba, disclosed this emphasising that the redesignation was to reflect the dual dual essence of the occasion in honouring the living while also acknowledging the fallen heroes.

“January 15 is set aside annually by the Federal Government of Nigeria to honour the living personnel of the Armed Forces of Nigeria (AFN) while acknowledging the sacrifices of those who have paid the supreme price to safeguard the nation’s territorial integrity as well as the lives and properties of its citizens.

He urged the media to adopt “Armed Forces Celebration and Remembrance Day” in all their future reportage.

“The AFN once again appreciates the media’s unwavering support in the fight against insecurity and looks forward to even stronger collaboration ahead, he said.

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