ANAMBRA TO GO AFTER HOUSES WITHOUT PROPER DRAINAGE IN ORDER TO COMBAT EROSION . (PHOTO).

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 Anambra to go after houses without proper drainage in order to combat Erosion  Worried by the rising menace of gully erosion, the Anambra State Government has threatened to enforce regulations requiring residents to provide proper drainage for storm water from their homes. The State Executive Council (ANSEC), which announced the proposed enforcement, lamented that erosion remains an existential challenge in Anambra, blaming the situation on careless actions by some communities and lapses by regulatory bodies in enforcing environmental laws. Briefing journalists after the weekly executive council meeting, the Commissioner for Information, Dr. Law Mefor, said it had been observed that some residents channel storm water from their homes directly onto roads, where it accumulates and worsens the erosion crisis across the state. “ANSEC has resolved to step up enforcement to compel residents to properly channel and manage storm water from their houses. Communities are also expected ...
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CBN TO CLOSE MILLIONS OF BANK ACCOUNTS WITHOUT BVN.(PHOTO).

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CBN To Close Millions Of Bank Accounts Without BVN


The Central Bank of Nigeria (CBN) has announced plans to close millions of bank accounts across various financial institutions that are not linked to a Bank Verification Number (BVN).


Blaise Ijebor, the CBN director of the Risk Management Department and Chief Risk Officer, who disclosed the plan at the Prembly Compliance Breakfast Dialogue on Thursday April 6, said the objective is to clean up the sector and reduce the growing incidence of fraud.


The BVN is a unique identifier that captures the biometric data of bank customers and is used to verify their identities and prevent fraudulent activities.


Analysis of the NIBSS website indicated that there were only 57.01 million registered BVN numbers out of the total 191.4 million bank accounts in the country, with 133.5 million active.


CBN's Ijebor further detailed the importance of closing bank accounts without BVN and highlighted three areas where cybercriminals are exploiting vulnerabilities.


This account is dominated by digital banks or fintech firms, and often lacks BVN linkage, which makes it an easy entry point for hackers.

 

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