With two months to the expiration of the fresh deadline that the Central Bank of Nigeria (CBN) set for the conclusion of the exercise, the number of bank customers that have so far enrolled on the Bank Verification Number (BVN) platform has risen to 19 million.
The CBN Deputy Director, Banking and Payments System Department, Mr. Musa Jimoh, disclosed this at an interactive session with journalists during the Finance Correspondents Association of Nigeria (FICAN) Bi-Monthly Forum held in Lagos at the weekend.
Mr. Jimoh urged bank customers who were yet to enroll on the BVN platform to endeavour to do so before the expiration of the October 31 deadline as there would be no further extension of the registration period for the exercise.
According to him, customers who do not obtain their BVN at the expiration of the deadline may not be able to deposit into or make withdrawals from their accounts.
He emphasized that there would be no hiding place for people who use multiple identities to perpetrate fraud in the industry after October 31 2015 when all bank customers are expected to have their BVN.
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