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Breaking: CBN Unveils New BVN Rules, Age Requirement.

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The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to create and maintain a temporary watchlist for Bank Verification Number (BVN) linked to suspected fraudulent transactions.....KINDLY READ THE FULL STORY HERE▶

In a circular dated March 12, 2026, and signed by the Director of the Payments System Policy Department, Musa I. Jimoh, the apex bank stated that any BVN flagged for suspicious activity may remain on the temporary watchlist for up to 24 hours. During that period, the account holder will be contacted to clarify the transaction in question.

“A BVN may remain on this temporary Watchlist for a maximum period of twenty-four (24) hours. Within this time, the BVN owner shall be contacted to provide clarification regarding the identified transaction(s),” the circular stated.

The directive forms part of new measures introduced under a revised regulatory framework aimed at strengthening the stability of Nigeria’s financial system.

The circular also introduced a new age requirement for BVN registration, stating that only individuals aged 18 and above are eligible to enrol.

Additionally, the CBN announced that phone numbers linked to a BVN can only be changed once.

“Amendments to phone numbers linked to a BVN shall be allowed only once,” the circular noted.

The apex bank further emphasised that access to BVN databases will remain strictly regulated.

“Access to the BVN databases shall be exclusively granted to CBN-licensed financial institutions. However, the Central Bank reserves the right to approve access in exceptional circumstances and in accordance with existing laws,” the statement added.

Under the new system, financial institutions are required to comply with the updated rules, and customers may be contacted by their banks if their BVNs are temporarily flagged during fraud monitoring checks.

According to the CBN, the new policy will take effect from May 1, 2026.

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“Extreme Caution” Advised! INEC Identifies Two Gombe LGAs As Danger Zones For Voters And Officials!

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  • High-Risk Zones Identified: Ahead of the upcoming Gombe/Kwami/Funakaye Federal Constituency by-election, the Independent National Electoral Commission (INEC) has pointed out security vulnerabilities in specific council areas.....KINDLY READ THE FULL STORY HERE▶

    • Threats of Thuggery: According to Gombe State Resident Electoral Commissioner (REC), Umar-Mukhtar Gajiram, Gombe and Funakaye LGAs have been marked as high-risk zones primarily due to the potential threat posed by political thugs known as ‘Kalare boys’, who might intimidate voters or disrupt the process.

    • Kwami Under Close Watch: Meanwhile, Kwami LGA is being closely monitored due to recent herder-related attacks and its shared border with Borno State, raising the need to watch out for cross-border security spillover.

    • Proactive Measures: The electoral commission clarified that mapping these areas as high-risk is not meant to stigmatize local communities, but rather to enable security agencies to deploy targeted preventative strategies.

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Guilty Plea! Raheem Sterling Admits Dangerous Driving After Terrifying Sports Car Incident!

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  • Court Admission: Former England international footballer Raheem Sterling, 31, appeared at Basingstoke Magistrates’ Court and pleaded guilty to dangerous driving following a crash in May.....KINDLY READ THE FULL STORY HERE▶

    • Additional Charges: Alongside dangerous driving, Sterling also admitted to possessing nitrous oxide for wrongful inhalation and failing to provide a specimen for analysis.

    • The Incident: According to Hampshire Police and Naija News, the single-vehicle accident occurred on the morning of May 28 when his Lamborghini collided with motorway barriers on the M3 southbound near the Minley interchange. Fortunately, no other vehicles were involved and no injuries were reported.

    • Career Background: Sterling, who has earned 82 caps for England and last played internationally at the 2022 World Cup, has experienced a challenging recent club trajectory. After leaving Chelsea in January, he made eight appearances for Dutch club Feyenoord. Previously, he won four Premier League titles with Manchester City, played for Liverpool, and had stints at Arsenal (on loan) and Chelsea.

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“I Stand On My Own Feet”: Adekanmbi Disowns Governor Makinde Surrogate Claims!

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  • Strong Rebuttal: Abimbola Adekanmbi, the governorship candidate for the Allied Peoples Movement (APM) in Oyo State, has firmly rejected allegations that he is being sponsored or controlled by Governor Seyi Makinde.....KINDLY READ THE FULL STORY HERE▶

    • Pledge for Independence: Speaking during an interview on Arise News on Tuesday, the former Commissioner for Finance declared that, if elected, he would run an independent administration based on his own policy agenda and would take full responsibility for his decisions.

    • Clearing the Air: Adekanmbi explained that his political relationship with Makinde should not be misconstrued, revealing that the governor had even advised him not to inherit the political disputes or liabilities of the current administration.

    • Inclusive Process: The APM candidate also dismissed claims that Makinde single-handedly handpicked the party’s candidates, stating instead that their emergence was the result of a transparent process involving consultations with various groups across the state.

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