The Central Bank of Nigeria (CBN) is expanding financial access through its recently launched Non-Resident Biometric ...

Recently, the Central Bank of Nigeria (CBN) took steps to expand financial services access with the launch of Non-Resident ...

In a bid to harness the economic strength of Nigerians in diaspora, the Central Bank of Nigeria rolled out the Non-Resident Bank Verification Number initiative for millions of citizens living abroad.

With the NRBVN and its integrated services, the CBN now targets a bold $1 billion in monthly remittance inflows. If realized, this would mean $12 billion annually—placing Nigeria firmly among ...

The NRBVN is not just a tool; it is a bridge between Nigeria and its global citizens,” he said. He reiterated the CBN’s commitment to reducing the cost of remittances, currently averaging over ...

The CBN, in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), launched the NRBVN platform on May 13 to ease access to financial services for Nigerians in the diaspora.

For CBN Governor Olayemi Cardoso, the NRBVN platform is as much about empowerment as it is about technological innovation. During the launch, he articulated a vision of inclusiveness that ...

Read Also: 33.9m Nigerians lack financial access, says CBN The NRBVN platform forms part of a more extensive framework designed to cater to the financial needs of Nigerians living abroad.

The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched the Non-Resident Bank Verification Number (NRBVN) platform.

The NRBVN promotes secure, cost-efficient remittance channels under CBN supervision, aiming to lower costs and increase transparency, with a target of $1 billion in monthly inflows.

The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched the Non-Resident Bank Verification Number (NRBVN) platform.

She said the NRBVN is a voluntary initiative designed to ease access to banking services for Nigerians abroad, and forms part of the CBN's broader strategy to expand digital financial services ...