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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.
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Buhari laid to rest in Daura amid tears
The burial was held within the premises of his family compound.

Former President Muhammadu Buhari has been buried amid tears and tributes.
He was lowered into the grave around 18:00pm on Tuesday, July 15.
The burial was held within the premises of his family compound.
A solemn military reception was also held at the graveside.
Before the late Buhari’s internment, his casket was draped in Nigeria’s green and white colours.
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TikTok removes 3.6m Nigerian videos for contents violation
In the Q1 2025 Community Guidelines Enforcement Report, TikTok restated the importance of a safe, respectful, and trustworthy digital environment.

Short video platform, TikTok has clampdown on perceived offensive videos globally, including Nigeria.
Owned by Bytedance, TikTok removed over 3.6 million videos posted by Nigerian users in the first quarter of 2025 for violating its content policy.
Globally, it removed 211 million videos.
In the Q1 2025 Community Guidelines Enforcement Report, TikTok restated the importance of a safe, respectful, and trustworthy digital environment.
Analysis of the report showed that the 3.6 million removed Nigerian videos, showed a 50 percent increase in removals over the previous quarter, where 2.4 million videos from the country were removed for the same violation.
The company said it recorded a proactive detection rate of 98.4 percent, which is content removed before it was reported to TikTok, and 92.1 percent of videos were removed within 24 hours.
Earlier in March 2025, TikTok also removed 129 accounts in West Africa tied to covert operations.
Further analysis showed that in the Q1, 2025, the 211 million videos removed rose from the 153 million videos removed in the previous quarter, where some 184 million were yanked off the platform.
The platform’s global proactive detection rate reached 99 per cent, demonstrating continued improvements in identifying and removing harmful content quickly and effectively.
TikTok explained that on spam and fake engagements, it removed a total of 44.7 million comments from fake accounts between January and March this year.In addition, it also removed 4.3 billion fake likes in the period under review.
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JUST IN: Tinubu receives Buhari’s remains in Katsina (Photos)

President Bola Tinubu, on Tuesday, received the remains of the late former President Muhammadu Buhari at the Umaru Musa Yar’Adua Airport in Katsina.
His coffin covered with Nigerian flag, was flown into the state amid tight security.

Buhari’s body brought out of aircraft in Katsina.
Tinubu, accompanied by Vice President Kashim Shettima; First Lady, Senator Oluremi Tinubu; Chief of Staff, Femi Gbajabiamila; and other top government officials, stood solemnly as the coffin was brought down from the aircraft.
First Lady, Remi Tinubu, on Tuesday, with late former President Muhammadu Buhari widow, Aisha Buhari, at the Umaru Musa Yar’Adua Airport in Katsina..
Buhari’s widow, Aisha, and close family members were also present during the brief airport ceremony.

Buhari’s body brought out of aircraft in Katsina.
The entourage has since departed for Daura, the late president’s hometown, where he will be laid to rest later today in accordance with Islamic rites.
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