CBN Clarifies $50 NRBVN Fee For Diaspora Nigerians
The Central Bank of Nigeria (CBN) has formally addressed recent public concerns and misinformation regarding charges associated with the newly introduced Non-Resident Bank Verification Number (NRBVN) platform. In a statement released on Friday, July 4, 2025, the Bank clarifies that no hidden fees are being imposed and emphasized that Bank Verification Number (BVN) registration for Nigerians residing within the country remains entirely free of charge. This clarification follows social media […]