News

BREAKING: CBN to freeze bank accounts without BVN, NIN [see date]

BREAKING: CBN To Freeze Bank Accounts Without BVN, NIN [SEE DATE]

The Central Bank of Nigeria (CBN) says it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024.

This is according to a Friday circular by the apex bank which said a BVN or NIN verification will be “conducted shortly”.

READ ALSO:

According to the circular signed by the CBN Director of Payments System Management Department, Chibuzo Efobi, and the Director of Financial Policy and Regulation Department Haruna Mustapha, all BVN or NIN attached to accounts/wallets must be electronically revalidated by January 31, 2024.

BREAKING: CBN To Freeze Bank Accounts Without BVN, NIN [SEE DATE]

Trends Admin

Recent Posts

Miyetti Allah President Remanded Over $2.63m Money Laundering, Terrorism Charges

Miyetti Allah President Remanded Over $2.63m Money Laundering, Terrorism Charges Bello Bodejo pleads not guilty…

6 hours ago

NANS exposes 43 institutions over alleged failure to refund NELFUND tuition fees

NANS exposes 43 institutions over alleged failure to refund NELFUND tuition fees The National Association…

6 hours ago

Xenophobia: Youth Group Issues Picketing Notice to MTN Nigeria

Xenophobia: Youth Group Issues Picketing Notice to MTN Nigeria The apex Yoruba youth organisation, Oodua…

8 hours ago

Flooding, Grid Disruptions Trigger Blackouts Across Lagos, Osun Communities

Flooding, Grid Disruptions Trigger Blackouts Across Lagos, Osun Communities Parts of Lagos and Osun states have been thrown into…

8 hours ago

Gbajabiamila Scandal a Plot to Embarrass Tinubu, Says Wike

Gbajabiamila Scandal a Plot to Embarrass Tinubu, Says Wike FCT Minister dismisses PFIPC allegations as…

9 hours ago

Lasaco Assurance pays N17.60bn in claims, assures policyholders of prompt settlements

Lasaco Assurance pays N17.60bn in claims, assures policyholders of prompt settlements Lasaco Assurance Plc has…

9 hours ago