10 new BVN rules you must know before May 1st
The Central Bank of Nigeria (CBN) has outlined 10 key changes to the Bank Verification Number (BVN) system, which will take effect from May 1, as part of renewed efforts to curb fraud and strengthen digital banking processes.
The 10 key changes include:
1. Mobile banking apps will be restricted to one device at a time.
2. Logging in on a new device will automatically log out the previous device.
3. Switching devices will require additional verification before access is granted.
4. Suspicious BVNs will be placed on a 24-hour watchlist.
5. Banks may temporarily restrict or freeze accounts linked to flagged BVNs.
6. Customers can only change their BVN-linked phone number once.
7. The rule targets SIM-swap fraud and unauthorised access.
8. Only individuals aged 18 and above can enrol for a BVN.
9. Minors must operate accounts under a guardian.
10. Transactions on newly activated devices will be capped at ₦20,000 within the first 24 hours.
The CBN emphasised that the new rules are designed to enhance security and protect customers from rising digital fraud risks.
Khamenei Again!
"You thought you took him out,
thought the fire was dead...
But another Khamenei is standing ahead."
Another Iranian Lego animation
Produced by "Explosive News" Team 🔥
#Legostyleanimation
We know
they only feed you 2-minute clips every day
empty buildings being targeted,
but you’d better watch this👇
Then ask your womanizing buddy:
‘Is this true Peter?
Why did we attack the island?’
#Loser#Legostyleanimation
"Victory Chronicles: Part 2"
A man lost his wife in her sleep because they both had misunderstandings during the day and went to bed angrily.
The wife went to sleep with her little daughter in her room and not with the husband.
During the night, her asthmatic attack happened, the mother told the girl to go call her dad.
The little girl went, but because the dad was still angry he refused to follow his daughter, she came back 3 times but he didn't go.
Until the wife died, the little thought her mum had gone to bed, because she didn't know what that was, she slept beside her mum until the morning.
The man woke up and saw that his daughter was ready for school and asked after the mum, she said she was still sleeping.
Only for the man to wake up his wife, she was cold already. He started shouting for help, neighbours came but it was too late
He said he killed her because of anger, now he is a widower and his daughter will grow up without her mum because he didn't listen when the daughter came to him.
So please, as a couple never go to bed angry. Not because you’ll die, but because you deserve a peaceful night’s sleep and that we don't want any uncertainties.
The story isn't fiction but a real story that happened.
Ya Allah, grant Malam AbdurRazzak Yahaya complete shifā’, ease his pain, and make this illness a means of purification, mercy, and elevation in rank. Ameen.🤲🏼