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CBN To Freeze Bank Accounts Without BVN, NIN From April 2024

The Central Bank of Nigeria (CBN) on Friday said it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024.This was contained in a circular issued on December 1 by the CBN instructing Deposit Money Banks (DMBs) to place a “Post no Debit” restriction – which prevents customers from…
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