The Central Bank of Nigeria has instructed all bank customers to link their National Identification Number (NIN) and Bank Verification Number (BVN) to their bank account (s). The apex bank had in a circular on December 1st 2023, directed that banks should place restrictions on all Tier 1 bank accounts without BVN, reports Vanguard. Tier [&hell...
Confusion reigned in the banking industry yesterday as some banks restricted access to bank accounts not linked to the National Identity Number, as directed by the Central Bank of Nigeria, CBN. The CBN had in a circular on December 1, 2023 directed that banks should place restrictions on all Tier 1 bank accounts without BVN, […]
Justice Ambrose Lewis-Allagoa of the Federal High Court, Ikoyi, Lagos, has restrained telecom operators in Nigeria from deactivating or barring any line or SIM whose user was not linked to the National Identification Number (NIN). The court issued the restraining order on February 22, 2024, while ruling on a motion for the restraining orders...
Few days after the commencement of the sale of forms for the 2024 Unified Tertiary Matriculation Examination (UTME), prospective applicants have expressed frustration over their inability to link their telephone lines with their National Identification Number (NIN) or ‘incorrect’ information contained in their NIN details. To address issues of...
All eligible prospective Corps members are expected to register for Mobilization with their National Identification Numbers (NIN) starting from 2024 Mobilization Exercise. This was contained in a statement signed by the Director of Press and Public Relations, National Youths Service Corps (NYSC), Eddy Megwa, yesterday. He noted that this was p...
•Sim cards The Nigerian Communications Commission has directed MTN Nigeria, Airtel and other telecommunications firms to fully bar phone lines without National Identity Numbers and those whose NINs have not been verified. This was disclosed in a corporate notice that MTN Nigeria filed with the Nigerian Exchange Limited revealing the directive ...
The Central Bank of Nigeria (CBN) says it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024. This is according to a circular issued today by the apex bank which said a BVN or NIN verification will be “conducted shortly”. … developing story
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