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CBN EXTENDS BVN REGISTRATION

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 The Central Bank of
Nigeria (CBN) has extended the Bank Registration Verification (BVN) deadline to
Oct. 31, to accommodate customers who had thronged the banks to beat this
week’s deadline. The extension was announced Tuesday in a circular by Mr. Dipo
Fatokun, Director, Banking and Payment System Department, CBN.
“It has come to our
notice that the BVN registration has elicited tremendous interest from the
Nigerian bank customers who crowded the banking halls in order to beat the
deadline.
“In view of the
foregoing, it has become imperative for the banks to extend the timeline for
all customers to have the BVN.

“The deadline for
the enrolment is hereby extended from June 30 to Oct. 31,’’ it stated.
According to the
statement, the extension is expected to facilitate a smooth completion of the
registration exercise. It further stated that the extension would give Nigerian
bank customers in the Diaspora, ample time to enroll into the programme.
The statement,
however, stated that the guideline for the enrolment of the Diaspora account
holders was being finalized and would be released soon.
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