No extension of registration of bank verification numbers

The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee had introduced the BVN on February 14, 2014. The initiative was aimed at ensuring unique identity for all bank customers and other users of financial services in the country by the use of the customers’ biometrics as means of identification. So, bank costumers who are yet to obtain their bank verification numbers (BVNs) before the close of business today, Friday October 30, 2015, will not be able to operate such accounts as the Central Bank of Nigeria (CBN) has ruled out another extension of the deadline, which expires today.