Highlights of the Revised Regulatory Framework for Bank Verification Number (BVN) Operations and Watch-List for the Nigerian Banking Industry

On the 12th of October 2021, the Central Bank of Nigeria, (CBN) exercised the powers conferred on it under the Central Bank of Nigeria Act (CBN Act), 2007 and the Banks and Other Financial Institutions Act (BOFIA) 2020, and issued the ‘Revised Regulatory Framework for the Bank Verification Number (BVN) Read more…

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