The October 31 deadline for customer’s registration for their Bank Verification Number (BVN) will not be extended by the Central Bank of Nigeria (CBN).
The BVN which had been on for over six months initially ended on July 30 but was extended by additional three months following calls from many customers who could not register within the period.
CBN urged those yet to be captured to do so before the deadline expires in six days.
Deputy Director, Consumer Protection Department at the CBN, Hajia Khadija Kasim, addressing stakeholders at a one-day sensitisation fair in Ibadan said the BVN, with the cashless policy, will go a long way to help the apex bank and other banks in the country to tackle the issue of money laundering in the country
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