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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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The Untold Truth: Fr. Mbaka Exposes The Secret Struggles Behind His Bold Endorsement Of Peter Obi!.

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Rev. Fr. Ejike Mbaka, the Spiritual Director of the Adoration Ministry in Enugu, recently responded to critics by highlighting the significant risks he undertook to support Peter Obi during his impeachment as Governor of Anambra State. Speaking during a church program on Friday, Fr. Mbaka challenged the narrative that he has been a hindrance to the NDC presidential candidate.....KINDLY READ THE FULL STORY HERE▶

  • Defending his history of support: Fr. Mbaka asserted that he played a critical, behind-the-scenes role in gathering the necessary documentation and organizing the efforts required to restore Obi to office after his impeachment.

  • Criticizing fair-weather supporters: The cleric claimed that 99.9% of those now vocal in their support for the former governor had actually abandoned him during his impeachment ordeal.

  • Challenging his critics: Fr. Mbaka insisted that the efforts he made for Obi during that period were far greater than what his current supporters could replicate, and he encouraged people to verify these events with individuals like Chris Uba and Ibeto, who were present at the time.

  • Reaffirming his stance: He concluded by dismissing the criticism as uninformed, declaring that he has always been a solution rather than a problem and that he maintains a deep love for his people.

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“We Will Rig You!”: Peter Obi Issues Explosive Warning To INEC Over Alleged Election Manipulation!.

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During a recent visit to Washington, D.C., Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), argued that the prevalence of election rigging in Nigeria is largely due to voters failing to actively defend their ballots. Obi emphasized that while candidates play a role in the process, credible outcomes ultimately depend on citizens remaining at their polling units to ensure votes are counted transparently. He criticized the “transactional” nature of Nigerian politics, suggesting that many voters prioritize other activities over the essential task of monitoring the electoral process. According to Obi, Nigeria’s primary challenge is poor political leadership, and he urged citizens to take collective ownership of their votes to demand the accountable governance required for the country to succeed.....KINDLY READ THE FULL STORY HERE▶

Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), has called for increased citizen involvement in protecting electoral integrity. During a recent trip to Washington, D.C., Obi stated that election manipulation persists because voters frequently leave polling stations before the counting process is completed. He argued that:

  • Voters must proactively defend their ballots at polling units to ensure transparency and prevent rigging.

  • Nigeria’s fundamental obstacle is a crisis of political leadership, rather than a lack of natural or human resources.

  • Real change requires Nigerians to move beyond passive participation and take active responsibility for the electoral process.

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“This Is The Only Way!”: Matawalle Drops Bombshell, Unveils The Ultimate Solution To Nigeria’s Security Crisis!.

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Bello Matawalle, the Minister of State for Defence, recently stated that ending Nigeria’s insecurity requires a combination of collective national effort and divine intervention. In an interview with BBC Hausa, he emphasized that insecurity is a broad national concern that transcends political, religious, and regional lines, necessitating unified support from citizens, community leaders, and security agencies.....KINDLY READ THE FULL STORY HERE▶

  • Call for Unity: The Minister urged Nigerians to prioritize national interest over partisan politics, noting that insecurity is not a tool for scoring political points.

  • Criticism of Opposition: Matawalle accused certain opposition figures of exploiting the security situation to incite the public against the government and advance their own political agendas, rather than helping to address the crisis.

  • Combating Misinformation: He raised alarm over the circulation of “fake and recycled” videos on social media—some dating back years or originating from other countries—which are falsely presented as current events to suggest worsening security under the Tinubu administration. He encouraged citizens to verify information before sharing it.

  • Government Commitment: Highlighting that the Federal Government has ordered security forces to deal decisively with criminal elements, Matawalle acknowledged that while progress is being made, complex security challenges cannot be resolved overnight.

  • Public Cooperation: He called for continued public patience, prayer, and the provision of actionable intelligence to security forces to help restore peace across the country.

The Minister’s comments come amid renewed public anxiety following reports of mass abductions at schools in Oyo and Borno states.

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