Opay to block accounts not linked with NIN, BVN from March 1 Opay, a leading financial technology company, has said that customers who are non-compliant with the Know Your Customer (KYC) directive of NIN-BVN linkage of tier-1 accounts will be unable to carry out transactions from March 1.[Read More…]
CBN orders banks to freeze accounts without BVN, NIN from March 2024 The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to place a “No Debit” restriction on all accounts without a Bank Verification Number (BVN) and National Identification Number (NIN) from March 2024.[Read More…]
The Central Bank of Nigeria says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its Acting-Director, Corporate Communications, Alhaji Isa Abdulmumin said this in a statement on Wednesday. He said the claim was completely false and[Read More…]
