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Q&A: Number of Bank Accounts that are not BVN Compliant

Research Team by Research Team
November 3, 2017
in Uncategorized
Here’s a break down of BVN enrollment statistics in Nigeria
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Question: How many bank accounts are said not to be BVN Compliant?


Answer: According to information from The Nigeria Inter-Bank Settlement System, 15.72 million accounts are not BVN-compliant out of the 45.85 million bank accounts in the country, as of October 8, 2017.

 

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Tags: BVNBVN StatsQ&AQuick Answers
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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