bvn in jos

The Central Bank of Nigeria has extended the deadline for the registration of bank verification number by bank customers till the 31st of October, 2015.

This extension follows the interest shown by Nigerians and to afford customers of Nigerian banks in diaspora ample time to enroll.

The exercise which was meant to close on Tuesday, 30th of June, began in February 2014. A year and 4 months after, many Nigerians did not respond to the policy which the CBN says will enhance the personal security of bank account holders. 

Thousands of people had trooped out today in a last minute rush to register. The rush in the banking hall had frustrated other banking activities in most banks across the country. 

A staff of one of the new generation banks located on Adetokumbo Ademola Street,  Victoria Island in Lagos, who spoke to HOMELAND NEWS on the condition of anonymity said the situation is worse because today is the last day of the month; a day the banks round off and close the books for the month. She said operations have suffered a setback because of the number of people in the banking hall seeking to register for the BVN.

The CBN had earlier said there is no going back in the closure of the registration but later had a change of mind in response to public outcry.


Please enter your comment!
Please enter your name here