EXPLAINER: Why CBN Wants To Freeze Bank Accounts Not Linked With NIN
Eko Hot Blog reports that starting from March 1, 2024, the Central Bank of Nigeria (CBN) has announced that accounts lacking the Bank Verification Number (BVN) and the National Identity Number (NIN) will face restrictions on conducting transactions Similarly, the CBN has made the possession of BVN and NIN mandatory for all bank account openings. … Read more