Active bank accounts linked to bank verification number (BVN) has been put at 43.32 million as at September 6, according to a report by the Nigeria interbank settlement system (NBISS)
The NBISS, however, says the crowds in banks’ branches have dropped significantly in recent months, compared to what obtained during the over six-week economic total lockdown.
The BVN project, which captures the uniqueness of every bank customer, is one of the most-innovative projects introduced into the Nigerian financial system in 2014. The bankers’ committee has also unveiled a new plan that required classification of BVN into two – BVN premium and BVN lite
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