BVN Deadline: 26m bank accounts to be frozen


Barely 24 hours to the deadline for Bank Verification Number, BVN, less than half of the 52 million bank customers have been registered, a development that may have caused discomfort in the banking industry.
Central Bank of Nigeria, CBN, had said no extension would be made while non-registered bank customers would be barred from accessing their money or any transaction in their account after tomorrow.
About 26 million bank customers would be affected by the shut-out.
An official of the apex bank told Vanguard yesterday that the registration window would still be opened after tomorrow, but unregistered customers would not be allowed access to their accounts.


Check the Vanguard newspaper for the full story.





Comments

Post a Comment

Popular posts from this blog

Agric Ministry Introduces New Measures for Fertiliser Allocation

Bauchi State Director in the Federal Ministry of Agriculture, Alhaji Mohammed Yusuf, has described as successful the 2013/14 E-Wallet System of fertiliser allocation and distribution in the country. To this end, he said, the Federal Ministry of Agriculture is soon to introduce the National Agricultural Payment Initiative (NAPI) as a boost to the e-wallet system geared to biometrically capture the data of all farmers under the scheme. He attributed the non-implementation of the e-wallet fertiliser allocation this year to change of administration at the central level, and the non-payment of outstanding payment to agro dealers who supply the fertiliser. The director who spoke in an interview with journalists yesterday in Bauchi, said however that the Federal Ministry of Agriculture is doing everything possible to offset the outstanding arrears to the fertiliser suppliers towards making headway in the programme. “There is also this new programme that is coming up, the National Ag
Read more

10 World Most Eloquent People

Image
Only the eloquent can adequately describe eloquence. It includes articulation, a mellifluous tone of voice and poise under pressure. To be eloquent is to speak well in a persuasive and deeply thoughtful way. Though it appears to come easily, eloquence does not often come naturally. The most talented speakers often have training in rhetoric and behavioral psychology. Here are 10 great examples of eloquent speakers who have made their mark on the world. 1. Martin Luther King, Jr “I Have a Dream” is perhaps the most powerful speech in American history. In poetic, unequivocal language, he explains how people can live up to their ideals for the sake of their children. 2. Abraham Lincoln In a speech only two minutes long, Lincoln explained the moral justification for the Civil War in his Gettysburg Address. 3. Winston Churchill In a few short years Churchill transformed himself from a burly, unemployed, failed novelist to a leader of the free world with
Read more

Over 3,000 mechanics register for Autofest training

Image
Thousands of auto technicians in Lagos have registered for Autofest which started Monday at the Blueroof of the Lagos State Television, Ikeja, western Nigeria. Organizers of the Autofest officially announced the free training while answering questions during a media parley. During the interactive session, Mr Gbola Oba, the COO of Automedics Limited, informed the audience about a partnership arrangement with two prominent mechanic associations in Lagos State to have their members trained in mechatronics and high tech, 21st century technologies in modern automobile. “Members of the Nigeria Automobile Technicians Association of Nigeria (NATA) and Motor Mechanics and technical Association of Nigeria (MOMTAN) have both registered thousands of their members in Lagos for the training,” he said. Check the PM NEWS newspaper for the full story.
Read more