Tuesday, July 8, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Finance | Insurance | Pension

CBN Launches Launches the Non-Resident BVN

Chris AGABI by Chris AGABI
May 15, 2025
in Finance | Insurance | Pension, Top News, Uncategorized
Reading Time: 1 min read
0
CBN Launches Launches the Non-Resident BVN
Share on FacebookShare on Twitter

In a bold statement to ensure financial inclusion, the Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has formally launched the Non-Resident BVN (NRBVN) — a secure digital gateway to banking for Nigerians abroad.

Governor Cardoso says the launch of the NRBVN platform is a major milestone in Nigeria’s financial inclusion drive and reflects a commitment to innovation, inclusive growth, and economic integration.

Related posts

Scores Of Terrorist Killed,, As NAF Jet Bombs Criminals Enclave On Borno Mountain

Scores Of Terrorist Killed,, As NAF Jet Bombs Criminals Enclave On Borno Mountain

July 7, 2025

Military Foils Terrorists’ Bomb Attack, Discovers 56 IEDs on Marte–Dikwa Bridge in Borno

July 6, 2025

Through digital verification and robust Know Your Customer (KYC) processes, Nigerians across the globe can now remotely obtain their BVN swiftly and securely”- Cardoso.

CBN Governor, Cardoso, asserts that the NRBVN offers a single digital gateway that enables Nigerians abroad to open accounts, send funds securely, and access banking services with greater convenience and lower costs.

Cardoso has urged Nigerian banks to develop tailored products for the Diaspora, stating that such innovation will deepen inclusion and significantly boost remittance flows through formal channels.

Governor Cardoso has restated the CBN’s target of $1 billion in monthly remittances. He has emphasised the need for all stakeholders to comply with the FX Code and regulatory guidelines to preserve market stability and trust.

“The NRBVN is a dynamic, evolving platform—a bridge connecting Nigeria with its global citizens—and reaffirms the Bank’s commitment to lowering remittance costs and expanding financial inclusion for all Nigerians”.- Governor Cardoso.

Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso (center), alongside key ministers and dignitaries at the launch of the World Bank’s Nigeria Development Update report titled “Building Momentum for Inclusive Growth,” held in Abuja on Monday, May 13, 2025.

 

Previous Post

CBN Unveiling of Non-Resident BVN and Potential Impact

Next Post

Badaru Attends UN Peacekeeping Ministerial 2025 In Berlin

Next Post

Badaru Attends UN Peacekeeping Ministerial 2025 In Berlin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

NAICOM CEO Loses Wife 

1 year ago

Troops Neutralize Notorious Terrorist In Taraba State, Recover Weapons

11 months ago

COAS Visits 81 Division Area Of Responsibility, Pledges Remarkable Service

4 months ago
NAMA Clarifies Flight Suspension between Niger and Nigeria

NAMA Clarifies Flight Suspension between Niger and Nigeria

1 year ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • CDS Peace And Unity Cup: Sabon Giri Clinches Victory In Kaduna
  • Scores Of Terrorist Killed,, As NAF Jet Bombs Criminals Enclave On Borno Mountain
  • SDP National Youth Leader, Dr Chukwuma, Dismisses Purported Suspension As Baseless

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

CDS Peace And Unity Cup: Sabon Giri Clinches Victory In Kaduna

CDS Peace And Unity Cup: Sabon Giri Clinches Victory In Kaduna

July 7, 2025
Scores Of Terrorist Killed,, As NAF Jet Bombs Criminals Enclave On Borno Mountain

Scores Of Terrorist Killed,, As NAF Jet Bombs Criminals Enclave On Borno Mountain

July 7, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion