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Banks To Start Request Of BVN From Today

Banks will today (Monday) begin to request for the Bank Verification Numbers from their customers before providing basic banking services. This followed the Saturday expiration of the October 31, 2015 deadline set by the Central Bank of Nigeria, CBN for all bank customers to obtain their Bank Verification Number, BVN. As of last Friday, the Nigeria Interbank Settlement System Plc, ...

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NCC Gives MTN Two Weeks Ultimatum To Pay 1.4trillion Fine

Nigeria’s telecoms regulator, Nigerian Communications Commission, NCC, has given MTN Group two weeks to pay a N1.4 trillion fine imposed on the mobile phone company for failure to cut off users with unregistered SIM cards. NCC spokesman, Tony Ojobo, told reporters that MTN had until November 16 to make the payment, but the two sides were in talks to resolve ...

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