BVN: CBN Announces Plans To Replace ATM Code With Biometrics.

The Central Bank of Nigeria (CBN) has, over the weekend, stated that with the Bank Verification Number (BVN) in place, biometrics will soon be used for transactions on the Automated Teller Machine (ATM) instead of the existing pin code.

The Chairman, Nigeria Electronic Fraud Forum (NeFF), Dipo Fatokun, ‎made this known during the Year 2017 annual retreat of the Nigeria Electronic Fraud Forum (NeFF) held at the Best Western Plus Hotel, Iyaganku, Ibadan, Oyo state capital.

He made this known at the retreat with the theme: “Operationalising a Four Sided Approach to Preventing Fraud” were top officials of the Economic and Financial Crimes Commission (EFCC), the US Consulate, Lagos, Consumer Protection Council (CPC) ,Union Bank of Nigeria Plc, Access Bank, First Bank, Mobile Money Operators, among other stakeholders in the financial sector of the nation’s economy.

According to Fatokun, introduction of biometrics‎ into the banking system was part of the effort of the CBN to ensure successful fight against electronic fraud.

His words; “Your pin and account details are not supposed to be disclosed to third person but as you rightly said, we have some people who are not literate or incapacitated and that makes them to disclosing their details to third party.

“What we are canvassing is that in a time soon to come, with the BVN in place, biometrics will be used for transactions on ATM.

“That means if you want to transact with your ATM, you will need to use your biometrics. There is no way you can give your finger to a third party. If that is enabling, it will make our system to be more secure and make all our transactions to be validated.

“But biometric electronic devises are very expensive because of the technologies involved but I am sure, we shall get there soon.”

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Husband and wife? Simi Kneels Down Before Her Boyfriend, Adekunle Gold On Stage (Watch Video)

During simi album concert, See Me Live. Simi kneels before her boyfriend on stage as they both perform together and this got the fans screaming. Here is the moment Simi knelt down for her alleged boyfriend, Adekunle Gold during their performance last night at her album concert in Hard Rock Cafe in Lagos. Watch the video below:-

Guardiola vows to ”kill” Man City team if they fail to win EPL

Manchester City manager, Pep Guardiola, has vowed to kill his players if they fail to finish the English Premier League (EPL) season without the title. Guardiola said there was no chance of his team becoming complacent despite their superb form to the start of the season. Manchester City continued their EPL dominance with a 2-0 win at Leicester City on Saturday. City have made a flying start to the season, dropping just two points from the first 12 games and are 8-point lead at the top of the table, scoring 40 goals and conceding just seven. “That is not going to happen because I am their manager,” Guardiola said. “The team, that is not going to happen. I’ll kill them. Complacency doesn’t happen in my teams. “They can play bad, teams are going to beat us, that happens. “But if you see the team, they have the desire to have the ball and play. We are not a team that speculates about absolutely anything. That’s not going to happen.”

Don’t Die Prematurely For People’s Obsessions”- Seyi Law To Wizkid, Davido (Photos)

Following the crew fight in Dubai last night, Nigerian comedian, Seyi Law has called on Wizkid and Davido to sheathe their swords and embrace peace. Seyi Law shared a picture of the duo and wrote; “To @wizkidayo and @davidoofficial Our lives are nothing, but the memories we create. Your celebrity status or starboyism is only a perception. Whether you’re the best or the worst, not everyone will agree. Don’t start hatred neither should you fan the fire of hate. Someday, our bodies will end up six feet below. Just above it, our memories will live fading with time. Sheathe your swords and embrace PEACE. Build legacies and write your names as legends. Don’t die prematurely for people’s obsessions. Both of you are doing awesomely well, don’t stop. Bless You. SEYILAW.”

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