For decades, millions of Nigerians living abroad have juggled dual identities, building lives in foreign lands while maintaining strong emotional and economic ties to home. Yet, one major hurdle persisted: access to Nigeria’s formal financial system. From sending money to loved ones to investing in real estate or stocks, the road was often clogged with bureaucracy, high costs, and lengthy verification processes.
But a quiet revolution may have just begun in Abuja.
When the Central Bank of Nigeria (CBN) unveiled the Non-Resident Biometric Verification Number (NRBVN) platform, it wasn’t just another digital tool added to the country’s financial infrastructure. It was a signal, bold and intentional, that Nigeria’s apex bank is ready to walk the talk on inclusive finance, not just for those within its borders, but for its diaspora scattered across continents.