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Customers panic as banks deactivate...

Customers panic as banks deactivate over 91...

CBN, NIBSS to trash ATM...

The Central Bank of Nigeria (CBN) and...

Customers panic as banks deactivate over 91 million accounts without BVN/NIN

Customers panic as banks deactivate over 91 million accounts without BVN/NIN Story from Saleh INUWA As the March 1 deadline set by the Central Bank of Nigeria (CBN) for the linkage of bank accounts with either the Bank Verification Number (BVN) or National Identity Number (NIN) expires, approximately 91 million bank accounts face the risk of being frozen. Earlier, the CBN directed commercial banks to restrict tier-1 accounts without proper BVN or NIN linkage. The directive, issued on December 1, 2023, outlined the immediate placement of unfunded accounts on ‘Post No Debit or...
Neptune Prime -
Business & Economy

Customers panic as...

Customers panic as banks deactivate over 91 million accounts without BVN/NIN Story from Saleh INUWA As the March 1 deadline set by the Central Bank of...
Neptune Prime -
Business & Economy

CBN, NIBSS to...

The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System (NIBSS) with the Bankers Committee will adopt a national card scheme to...
Kenneth Afor -
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