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 ...

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 ...

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 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 statement added, “As part of the Bank’s deepening engagement with the diaspora, the CBN, in collaboration with NIBSS, introduced the Non-Resident Bank Verification Number (NRBVN), set to ...

Speaking during the unveiling ceremony in Abuja on Tuesday, CBN Governor Olayemi Cardoso described the launch of the NRBVN as a milestone in expanding access to the Nigerian financial system for ...

In line with the CBN and NIBBS NRBVN initiative, Access Bank is offering BVN registration services at designated locations across key international cities including the United Kingdom, the United ...

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 CBN is optimistic that the NRBVN will also help boost remittance inflows, which have risen from $3.3 billion in 2023 to $4.73 billion in 2024.