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The Bank Verification Number commonly called BVN is a biometric identification system implemented by the Central Bank of Nigeria to curb or reduce illegal banking transactions in Nigeria. [1] It is a modern security measure in line with the Central Bank of Nigeria Act 1958 to reduce fraud in the banking system.
First Bank Nigeria Ltd, part of First Bank of Nigeria Group; First City Monument Bank Plc; Globus Bank Ltd; Guaranty Trust Bank Plc, part of GTCO Group; Keystone Bank Ltd; Nova Commercial Bank Ltd; Optimus Bank; Parallex Bank Ltd; Polaris Bank Plc; Premium Trust Bank; Providus Bank Ltd; Signature Bank Ltd; Stanbic IBTC Bank Plc
Telephone numbers in Nigeria use an open numbering plan.They are composed of a combination of an area code and a local line or subscriber telephone number. Area codes consist of one digit (Lagos, Ibadan and Abuja) or two digits.
In 2013, the bank acquired a 70 percent shareholding in the Fina Bank Group for a cash payment of US$100 million. [18] Fina Bank branches and subsidiaries were rebranded GT Bank soon afterwards. In 2013, the Bank issued a US$400,000,000 Euro bond at a coupon rate of 6%; the least obtained by a Nigerian company in the international capital market.
The First Bank Group has over 820 business locations across Africa [2] and has an agent banking network with over 233,500 locations across Nigeria as of 2024. [3] The bank specializes in retail banking, with a client base in West Africa of over 42 million customers. First Bank, as a group, employs over 16,000 staff.
Union Bank is a large commercial bank, serving individuals, small and medium-sized companies, as well as large corporations and organizations. In July 2009, it was rated as the 556th largest bank in the world and the 14th largest bank in Africa. [2] As of March 31, 2018, the bank's asset base was estimated at NGN1, 381 billion (US$4.1billion).
2015 Best Internet bank: Nigerian Banking Tech Awards 2015: Best Technology bank: Nigerian Banking Tech Awards 2022: Most outstanding young commercial bank in Nigeria: Marketing Edge Awards and Summit [5] 2022: Challenger Bank of the Year: BusinessDay Banks and Other Financial Institutions Awards [6] 2023: Most Innovative Bank 2022: Champion ...
National Identity Management Commission 08125575121 (NIMC) is a statutory Nigerian organization that operates the country's national identity management systems. It was established by the NIMC Act No. 23 of 2007 to create, operate and manage Nigeria's national identity card database, integrate the existing identity database in government institutions, register individuals and legal residents ...
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