With Projected $12bn Annual Remittance, CBN Launches Nonresident BVN to Expand Financial Access for Nigerians in Diaspora Cardoso: Initiative will lower high cost of remittances
James Emejo in Abuja
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria
Inter-Bank Settlement System (NIBSS), yesterday officially launched the Non-Resident Bank Verification Number (NRBVN) platform.
The innovative digital gateway, which is projected to actualise the CBN’s $1 billion monthly diaspora remittances target and about $12
billion annually, allows Nigerians in the diaspora to obtain a BVN remotely without the need for a physical presence in the country.
Speaking at the launch attended by stakeholders in the financial ecosystem, including chief executives of commercial banks in Abuja, CBN
Governor, Mr. Olayemi Cardoso, hailed the initiative as a milestone Continued on page 9
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PDP Denies Anyanwu Signed Anambra Forms Despite Contrary Evidence at INEC Embattled secretary insists he autographed the nomination forms PDP in intensive care, has 50% chance of survival, declares ex-Benue governor, Suswam
Chuks Okocha and Emmanuel Addeh in Abuja
The Peoples Democratic Party (PDP), yesterday,denied claims that Senator Samuel Anyanwu signed the
list submitted to the Independent National Electoral Commission (INEC), bearing the names of its
candidates in the Anambra State PDP governorship, despite evidence to the contrary that he actually did.
But Anyanwu has stood his ground, insisting that in spite of the denial by a section of the PDP
leadership, he actually signed the Continued on page 9
Lamido to Tinubu: Pay Abiola’s Family N45bn Owed Him to Bring Closure to June 12 Obasanjo says the job of Nigerian leaders not finished until they are finished Explains how he made ex-Jigawa gov foreign affairs minister without knowing him
Story on page 9
EXPANDING THEIR TRUST WITH PREMIUM LEVERAGE... AFRICA CEO FORUM IN ABIDJAN... L-R: Executive Governor of Delta State, Rt. Hon. (Elder) Sheriff Oborevwori, and Managing Director/Chief Executive Officer, PremiumTrust Bank, Mr. Emmanuel Efe Emefienim, CON, FCIB, at the tape-cutting ceremony of PremiumTrust Bank’s Effurun Branch in Delta State… recently
L-R: Aigboje Aig-Imoukhuede, Chairman, Access Holdings and Coronation Group; H.E. President John Dramani Mahama of Ghana; and Ofovwe Aig-Imoukhuede, Executive Vice-Chair, Aig-Imoukhuede Foundation, at the Africa CEO Forum in Abidjan, Côte d’Ivoire, yesterday