Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Government

BVN-NIN Linkage: CBN Keeps Quiet as Deadline Lapses

Somto NwanoluebySomto Nwanolue
March 2, 2024
in Government
0
BVN-NIN Linkage: CBN Keeps Quiet as Deadline Lapses
Share on FacebookShare on TwitterShare on Whatsapp

The Central Bank of Nigeria has kept quiet as the deadline for banks to restrict customers’ accounts without a Bank Verification Number, BVN or National Identity Number, NIN has expired.

Recall that the CBN, had in a notice on December 1, 2024, signed by the Director of Payments System Management Department, Chibuzo Efobi and Director of Financial Policy and Regulation Department, Haruna Mustapha, directed banks to ban tier-1 accounts or wallets without NIN or BVN.

The CBN acting spokesperson, Hakama Sidi has yet to release a statement regarding the way forward after the March 1 deadline expired, and concerning the fate of banks’ customers who are without NIN or BVN.

Meanwhile, in a telephone interview with DAILY POST, the President of the Bank Customers Association of Nigeria, Dr Uju Ogubunka, made an entreaty to CBN for a deadline extension.

BVN-NIN Linkage: CBN Keeps Quiet as Deadline Lapses

According to him, although many accounts have NIN or BVN, there are still a lot of people without the stipulation.

A source who wanted anonymity in a tier-1 bank had informed that no customer account had been barred owing to the NIN or BVN requirement.

At the moment, no customers’ accounts have been restricted. Customers in the last three days have trooped in to update their account”, he said.

Yesterday, it was reported that a lot of bank customers were seen, in a last-minute rush to meet up with the NIN and BVN requirement deadlines as they besieged their respective banks to avoid being cut off.

Tags: BVN-NIN Linkage: CBN Keeps Quiet as Deadline Lapsesfederal charactergovernmentNewsNigeria
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

Related Posts

Mali's Schools Become Latest Casualty in Jihadist Blockade as Fuel Crisis Worsens
Government

Mali’s Schools Become Latest Casualty in Jihadist Blockade as Fuel Crisis Worsens

October 27, 2025
Trump Skips G20, Sends JD Vance to Africa Instead
Government

Trump Skips G20, Sends JD Vance to Africa Instead

October 27, 2025
Ten on Trial for Spreading “Brigitte Macron Is a Man” Hoax
Government

Ten on Trial for Spreading “Brigitte Macron Is a Man” Hoax

October 27, 2025
Next Post
Will Another Meeting Solve Nigeria’s Power Crisis? Minister’s Band-Aid Approach Faces Scrutiny

Will Another Meeting Solve Nigeria's Power Crisis? Minister's Band-Aid Approach Faces Scrutiny

Norway: King Implants Pacemaker in Malaysia after Falling Sick on Holiday

Norway: King Implants Pacemaker in Malaysia after Falling Sick on Holiday

Clampdown on Homeless People Garners Momentum in California as US Supreme Court Test Draws Closer

Clampdown on Homeless People Garners Momentum in California as US Supreme Court Test Draws Closer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigeria’s Moon Sighting Delay May Extend Ramadan Fasting

Nigeria’s Moon Sighting Delay May Extend Ramadan Fasting

7 months ago
Brazil Bird Flu Outbreak Leads to Global Trade Bans

Brazil Bird Flu Outbreak Leads to Global Trade Bans

5 months ago
John Lee, the leader of Hong Kong, tests positive for COVID-19.

John Lee, the leader of Hong Kong, tests positive for COVID-19.

3 years ago
Mohamed Ziane’s Prison Sentence: Justice or Vendetta?

Mohamed Ziane’s Prison Sentence: Justice or Vendetta?

1 year ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Ten on Trial for Spreading “Brigitte Macron Is a Man” Hoax

“Too Cute”: Trump Dismisses Plan to Return as VP in 2028

After Months of Speculation, Ice Prince Explains His Shocking Transformation

“The Well Has Run Dry”: US Cuts Off Food Stamps for 42 Million in Political Showdown

US Flight Delays Set to Worsen as Controllers Go Unpaid

Break in Louvre Heist: Two Suspects Arrested at Airport in €88 Million Jewel Theft

Trending

Mali's Schools Become Latest Casualty in Jihadist Blockade as Fuel Crisis Worsens
Government

Mali’s Schools Become Latest Casualty in Jihadist Blockade as Fuel Crisis Worsens

byEriki Joan Ugunushe
October 27, 2025
0

Mali’s military junta has been forced to shutter the nation's entire education system, a stunning admission of...

Trump Eyes Third Term, Dismisses VP Path as Constitutional Showdown Looms

Trump Eyes Third Term, Dismisses VP Path as Constitutional Showdown Looms

October 27, 2025
Trump Skips G20, Sends JD Vance to Africa Instead

Trump Skips G20, Sends JD Vance to Africa Instead

October 27, 2025
Ten on Trial for Spreading “Brigitte Macron Is a Man” Hoax

Ten on Trial for Spreading “Brigitte Macron Is a Man” Hoax

October 27, 2025
“Too Cute”: Trump Dismisses Plan to Return as VP in 2028

“Too Cute”: Trump Dismisses Plan to Return as VP in 2028

October 27, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Mali’s Schools Become Latest Casualty in Jihadist Blockade as Fuel Crisis Worsens
  • Trump Eyes Third Term, Dismisses VP Path as Constitutional Showdown Looms
  • Trump Skips G20, Sends JD Vance to Africa Instead

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com