Sunday, June 15, 2025
Actual News Nigeria
  • Home
  • News
    • Nigeria
    • International
  • Politics
  • Business
  • Education
  • Health
  • Sports
  • Entertainment
  • Crime
No Result
View All Result
  • Home
  • News
    • Nigeria
    • International
  • Politics
  • Business
  • Education
  • Health
  • Sports
  • Entertainment
  • Crime
No Result
View All Result
No Result
View All Result
Actual News Nigeria
Home Business

CBN monitors 6,047 BVN’s For Possible fraudulent transaction

by Actual News
2 years ago
in Business
Share on FacebookShare on TwitterShare to WhatsApp

About 6,047 Bank Verification Numbers of bank customers have been placed under the Central Bank of Nigeria watch list for fraudulent transactions.

This was contained in the CBN Financial Stability June 2022 report published in December 2022.

ACTUAL NEWS learnt that the report also noted that 11,871 BVNs have been watch-listed as deceased persons this year.

 

The report disclosed that the apex bank conducted an assessment of 28 banks and the Nigerian Interbank Settlement System to ascertain compliance with the Regulatory Framework for BVN Operations and Watch-List for the Nigerian Banking Industry in the review period.

It noted that the assessment revealed some infractions and regulatory actions were taken.

The report further noted that there were 2.72 million enrolled in the first half of this year, bringing the total number of enrolled BVNs to 54.65 million.

In the report, it was also stated that the number of BVN-linked accounts was 130.57 million out of 148.46 million active accounts.

The report read in part, “Also, 2,722,518 BVNs were enrolled, bringing total BVN enrolment to 54,651,086, reflecting an increase of 5.24 per cent over 51,928,568 enrolments at end-December 2021.

“The number of accounts linked with BVNs was 130,569,656 out of 148,462,947 active customer accounts, while the number of watch-listed BVNs associated with fraud and deceased persons stood at 6,047 and 11,871, respectively.”

Based on the report, the total number of watch-listed BVNs for fraud rose by 13.09 per cent from 5,347 in December 2021 to 6,047 in June 2022.

It was recently reported that four Nigerian deposit money banks lost a total of N1.77bn to fraudulent activities involving the banks’ employees and consumers in 2021.

This was contained in the 2021 financial statements of the banks, which included Access Bank Plc, Guaranty Trust Bank Plc, First Monument City Bank, and Wema Bank.

According to their financial statements, WEMA and GTB incurred the biggest losses as a result of fraud within the period under review, as they lost N670.73 and N511.9m respectively 

ShareTweetSend
Previous Post

CBN monitors 6047 BVN’s for Possible fraudulent transaction

Next Post

FG to announce salary increment for civil servants —Ngige

Related Posts

Dangote refinery receives fresh crude cargoes from NNPCL

Dangote refinery receives fresh crude cargoes from NNPCL

March 15, 2025
Tinubu Orders Review Of N8,000 Palliative After Public Outcry

Tinubu Approves Licence For Construction Of 10,000 Barrels Per Day Refinery In Delta Community

January 22, 2025
PENGASSAN Says Petrol Price Should Be N400 Per litre After Subsidy Removal

Fuel price may crash to N500 per litre-Marketers Assure

January 5, 2025
Dangote Refinery receives first crude from Shell for refining

Dangote gives reasons for not selling petrol to marketers

November 1, 2024
Next Post
FG to announce salary increment for civil servants —Ngige

FG to announce salary increment for civil servants —Ngige

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Read Now

Herders Allegedly Ambush, Kill Two Farmers In Ika Community

Accident Claims Three Lives , Injures Three On Warri/ Effurun Express Way 

June 10, 2025
King Operemo Visits Bomadi Council Chairman, Calls For Autonomy Of Kere-Biri Mein Kingdom

King Operemo Visits Bomadi Council Chairman, Calls For Autonomy Of Kere-Biri Mein Kingdom

June 11, 2025
Diocese Of Warri Anglican Communion Holds Couples Day Celebration

Diocese Of Warri Anglican Communion Holds Couples Day Celebration

June 14, 2025
Rotary Club of Effurun Marks 40 Years Of Serving Humanity 

Rotary Club of Effurun Marks 40 Years Of Serving Humanity 

June 9, 2025
China: Oborevwori Tours IIICF Exhibition , Backs Waste-to-Energy Innovation

China: Oborevwori Tours IIICF Exhibition , Backs Waste-to-Energy Innovation

June 12, 2025
2027: Tompolo To Mobilize Support Across Nigeria For Tinubu’s  Re-Election 

2027: Tompolo To Mobilize Support Across Nigeria For Tinubu’s  Re-Election 

June 14, 2025
Chukwunwike Flags Off Second Phase of Palliatives to Flood Victims, Urges Support from Well-Meaning Individuals

Chukwunwike Flags Off Second Phase of Palliatives to Flood Victims, Urges Support from Well-Meaning Individuals

June 14, 2025
Remains Of Mrs Susan Caulker To Be Buried June 13,2025 At Urhuoka-Abraka

Remains Of Mrs Susan Caulker To Be Buried June 13,2025 At Urhuoka-Abraka

June 9, 2025

Recent Stories

Diocese Of Warri Anglican Communion Holds Couples Day Celebration

Diocese Of Warri Anglican Communion Holds Couples Day Celebration

June 14, 2025
2027: Why Tinubu Deserves Re-Election –Tompolo

2027: Why Tinubu Deserves Re-Election –Tompolo

June 14, 2025
2027: Tompolo To Mobilize Support Across Nigeria For Tinubu’s  Re-Election 

2027: Tompolo To Mobilize Support Across Nigeria For Tinubu’s  Re-Election 

June 14, 2025
June 12 : Issues That Should Be Addressed – Osawota

June 12 : Issues That Should Be Addressed – Osawota

June 14, 2025
Oborevwori Describes Sam Amuka-Pemu As A National Treasure, Living Legend  

Oborevwori Describes Sam Amuka-Pemu As A National Treasure, Living Legend  

June 14, 2025
  • Home
  • About Us
  • Contact Us

Copyright © 2022 Actual News.

No Result
View All Result
  • Home
  • News
    • Nigeria
    • International
  • Politics
  • Business
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Copyright © 2022 Actual News.