Friday, October 30, 2015

#BVN Deadline: CBN Ignores the plight of Nigerians in diaspora, says 26m bank accounts to be frozen after deadline

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Barely 24 hours to the deadline for Bank Verification Number, BVN, less than half of the 52 million bank customers have been registered, a development that may have caused discomfort in the banking industry.

Central Bank of Nigeria, CBN, had said no extension would be made while.....
non-registered bank customers would be barred from accessing their money or any transaction in their account after tomorrow.

About 26 million bank customers would be affected by the shut-out

“There will be no extension of the October 31 deadline. All efforts have been made by the committee, CBN and Nigeria Interbank Settlement System for bank customers to obtain their BVN.

“The customers, who fail to meet the deadline will not be able to operate their accounts until they comply.” Managing Director, Ecobank Nigeria Plc, Jibril Aku, said.

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