BVN Deadline: 26m bank accounts to be frozen

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.

An official of the apex bank told Vanguard yesterday that the registration window would still be opened after tomorrow, but unregistered customers would not be allowed access to their accounts.

The official, who claimed that the exact figures of registered bank customers would not be ready until next week, however lamented that “less than half of total bank customers have been captured as at Monday this week…

Delia Innoma's avatar

About Delia Innoma

Delia Innoma is a prolific writer, promoter, artist manager with full professional proficiency in English, German and Igbo languages. She studied accounting and computer programming at the Institute of Management and Technology Enugu and Germany respectively. Delia is also a devoted mother of two and she founded the Diamond Celebrities Magazine. Her sense of responsibility and commitment to the Christian faith are essential forces driving her daily activities.

One Response to “BVN Deadline: 26m bank accounts to be frozen”

  1. Unknown's avatar

    they must mad to try such!

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