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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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Lagos Announces Traffic Diversions for Wednesday and Thursday Project Commissionings

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The Lagos State Government has unveiled a comprehensive traffic diversion plan for Wednesday, April 8, and Thursday, April 9, 2026, in preparation for the commissioning of several key infrastructure projects by President Bola Tinubu.

According to the state Ministry of Transportation, partial road closures and diversions will be implemented in affected areas to ensure smooth movement during the events, which include the inauguration of the Ojota-Opebi Link Bridge and other major projects such as the Lagos State Geographic Information Service building in Alausa and the Tolu Schools Complex.

On Wednesday, April 8, diversions will be enforced around venues for the commissioning ceremonies, while on Thursday, April 9, restrictions will apply between 9:00 a.m. and 1:00 p.m. during the Tolu Schools Complex event and additional project unveilings.

Motorists have been advised to use alternative routes and plan their journeys accordingly to avoid delays. The government urged residents and commuters to cooperate with traffic management officials and security personnel deployed to the areas.

The projects form part of ongoing efforts to improve infrastructure and education facilities across the state. Further details on specific diversion routes are expected to be released by the Ministry of Transportation in the coming hours.

Commuters are encouraged to monitor official announcements via Lagos State traffic radio and social media handles for real-time updates.

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Abiodun Presents Ceremonial Sword to Tinubu, Urges Sustained War on Crime

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Ogun State Governor Prince Dapo Abiodun has presented a ceremonial sword to President Bola Ahmed Tinubu, symbolically conferring on him the title of “Jagaban” (leader of warriors and conquerors), while calling for continued aggressive action against crime and insecurity across Nigeria.

The presentation took place during President Tinubu’s official visit to Ogun State on Saturday, where he was received warmly by the governor and other dignitaries.

Governor Abiodun described the sword as a mark of appreciation and a charge to the President to press on with his administration’s security efforts.

In his remarks, Abiodun reminded Tinubu of the strong political and personal ties between them, noting that Ogun State was where the President had previously made significant declarations.

He urged Tinubu to maintain the momentum in the war against criminal elements, banditry, and other threats to national peace.

President Tinubu, who has repeatedly vowed to defeat insecurity by mobilising all military and law enforcement assets, received the gift amid smiles and applause. His administration has emphasised reforms in security architecture, including procurement of new equipment for the armed forces and enhanced coordination among agencies.

The event formed part of a broader visit during which the President is expected to commission key infrastructure projects in the state, including developments linked to the Gateway International Airport. Governor Abiodun used the occasion to commend Tinubu’s economic reforms, such as foreign exchange unification and fuel subsidy removal, describing them as necessary steps that are already yielding positive impacts.

Security analysts view the symbolic gesture as a show of solidarity between the state and federal government in tackling Nigeria’s persistent security challenges. The “Jagaban” title, rooted in Yoruba cultural and warrior traditions, underscores expectations of strong, decisive leadership in the ongoing fight against crime.

The Presidency has not issued a detailed official statement on the sword presentation, but sources close to the visit described it as a morale-boosting moment that reinforced the alliance between the two leaders.

This development comes as the federal government continues to prioritise national security, with recent commitments to equip the military and intensify operations against threats in various parts of the country.

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BudgIT appoints Nigeria Country Director

He brought with him a track record in governance, research, and institutional leadership.

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BudgIT has appointed Mr. Vahyala Kwaga as Country Director for Nigeria.

The appointment took effect on April 1, 2026.Kwaga was appointed following a leadership transition within the civic-tech organisation.

He brought with him a track record in governance, research, and institutional leadership.

Since joining BudgIT in 2021, Kwaga has held several leadership roles, including Senior Researcher, Head of the Open Government and Institutional Partnerships (OGIP) Unit, Group Head of Research and OGIP, and Deputy Country Director.

In these positions, he contributed to strengthening BudgIT’s research output, deepening its policy engagement, and improving coordination across programmes.

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