BVN Archives -

Banks to place accounts without BVN on “Post no Debit”

Ibn Usman Abubakar5 months ago5 months ago03 mins

The central bank has announced that all bank accounts without BVN and NIN will be placed on “Post no Debit” effective April 2024. This was contained in a circular issued by the apex bank on Friday, 1st of December 2023, and sent to all deposit money banks in the country. The central bank also stated…

CBN says BVN remains for life

Yusuf Issa An-Nuphawi12 months ago12 months ago02 mins

The Central Bank of Nigeria, CBN, says the validity of Bank Verification Number (BVN) isn’t time bound as reported in some quarters of the media. Its Acting-Director, Corporate Communications, Alhaji Isa Abdulmumin, said this in a statement on Wednesday. Abdulmumin said that the claim was completely false and therefore advised bank customers to be guided, accordingly. “The…

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BVN

Banks to place accounts without BVN on “Post no Debit”

CBN says BVN remains for life