The platform, known as the Non-Resident Bank Verification Number (NRBVN), is designed to improve financial inclusion for Nigerians in the diaspora.

It enables remote digital enrolment through secure identity verification and Know Your Customer (KYC) processes that meet international compliance standards.

At the launch event in Abuja on Tuesday, CBN Governor Olayemi Cardoso said the initiative was a major step in connecting Nigeria with its global citizens.

For years, many Nigerians abroad have struggled to access financial services at home due to the requirement for in-person BVN registration. The new system removes this barrier.

“For too long, many Nigerians abroad have faced difficulties accessing financial services at home due to physical verification requirements. The NRBVN changes that,” Mr Cardoso said.