February 29, 2016/Punch The Federal Government said on Sunday that the removal of 23,846 non-existing workers from its payroll had led to a monthly reduction of N2.29bn in its salary bill. It stated that through the ongoing Bank Verification Number-based staff audit and enrolment to the Integrated Payroll and Personnel […]
Tag: BVN
Investors to receive dividends in 24 hours – SEC
February 11, 2016/SEC For the first time in the history of any capital market in Africa, investors in the Nigerian Capital market are now to get dividend payment within 24 hours through the e-Dividend Payment Platform. Director General of Securities and Exchange Commission (SEC) Mounir Gwarzo made this disclosure at […]
Nigeria’s Central Bank Launches Biometric Registration for Customers
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s central bank Friday launched bank verification number (BVN) a biometric authentication for bank customers to ensure an effective banking and payment system in the nation’s banking industry. Lamido Sanusi, governor of Nigeria’s central bank at the launch of the BVN in Lagos Nigeria said […]
