Stakeholders in the economy have urged the Central Bank of Nigeria to extend the deadline to enforce its new directives to banks to ensure customers link their Bank Verification Number and National Identification Number to bank accounts.
They expressed concerns that some customers may delay in complying and wait till the deadline neared before besieging their banks to regularise their bank accounts.
This followed the banking regulator’s directives to banks to bar customers without BVN and NIN.
The CBN, in a circular issued on Friday, directed all commercial banks to bar customers without BVN and NIN from having access to their accounts from March 1, 2024, by putting a ‘Post No Debit or Credit’ restriction on such accounts.
