Banks May Block 70 Million Accounts Over NIN Linkage
EKO HOT BLOG reports that over 70 million bank customers are at risk of losing access to their accounts as the Central Bank of Nigeria’s directive on restricting accounts without Bank Verification Numbers (BVN) and National Identification Numbers (NIN) comes into effect. The directive, issued on December 1, 2023, mandates a ‘Post No Debit’ restriction on … Read more