Monday, August 8, 2022
MARKET UPDATE
Advertisement

TheCable

Tag "Bank Verification Number(BVN)"

CBN seeks to bar BVN violators from banking services

    CBN seeks to bar BVN violators from banking services

The Central Bank of Nigeria (CBN) has issued a revised regulatory framework for bank verification number (BVN) operations and watchlist for the Nigerian banking industry. The apex bank, on Tuesday,

0 comment Read Full Article

Court revokes interim forfeiture order on accounts without BVN

    Court revokes interim forfeiture order on accounts without BVN

The interim forfeiture order placed on bank accounts without bank verification number (BVN) has been revoked after the federal high court in Abuja modified the order given on October 17.

0 comment Read Full Article

Silence as deadline for freezing of funds in accounts without BVN draws near

    Silence as deadline for freezing of funds in accounts without BVN draws near

By Monday, the 14-day ultimatum given to banks to publish accounts without banks verification number (BVN), would have elapsed. On October 17, Nnamdi Dimgba, a judge of the federal court, Abuja,

0 comment Read Full Article

Adeosun wants CBN to extend BVN to microfinance banks

    Adeosun wants CBN to extend BVN to microfinance banks

Kemi Adeosun, minister of finance, has urged the Central Bank of Nigeria (CBN) to extend bank verification number (BVN) requirement to account holders in microfinance banks. She said this would

0 comment Read Full Article