Central Bank of Nigeria has told bank customers who have yet to obtain their Bank Verification Number not to hope that the apex bank will for the second time extend the October 31st deadline set for the conclusion of the exercise.
The CBN stated it does not intend to shift the deadline again.
The Deputy Director, Banking and Payments System Department, CBN, Mr. Musa Jimoh, stated this at an interactive session with journalists in Lagos recently, according to a statement sent to us.
He said, “With less than two months to the expiration of the deadline, the advice from the regulator for bank customers that have yet to enrol in the BVN platform is that they should endeavour to obtain their BVNs, otherwise they would discover that they may not be able to deposit money in or make withdrawals from their accounts.”
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