Home / News / Nigeria news / CBN to freeze accounts without BVN and NIN from April 2024

CBN to freeze accounts without BVN and NIN from April 2024

The central bank has announced that all bank accounts without BVN and NIN will be placed on “Post no Debit” effective April 2024.

This was contained in a circular issued by the central bank and sent to all deposit money banks.

The circular was jointly signed by the Director, Payments System Management Department, Chibuzo Efobi, and Director, Financial Policy and Regulation Department, Haruna Mustapha.

In the circular, the central bank also stated that all the BVN or NIN attached to and/or associated with AL accounts/wallets must be electronically revalidated by January 31, 2024.

How To

How to connect a monitor to your laptop

Hooking a monitor up to your laptop can help you multitask and give your eyes a break. But the setup process may seem a bit daunting—especia...

How to save YouTube Shorts songs to YouTube Music

If you've ever found yourself scrolling through YouTube Shorts wondering "what song is playing right now," you probably want an easy way to learn the songs name and quickly save it to your account. While this doesn't always work, it's still a useful

How to contact share on iOS 17 with NameDrop

iOS 17 has fully rolled out to the public, so you can take advantage of all the major upgrades the software has to offer, including the new ...

5 Ways Sales Forecasting Promote Growth of Businesses

Companies create strategic plans for expansion and make informed decisions based on essential information they gather. An increase in a company’s customer base, goods produced, market share, and revenue indicates business growth. Fortunately, revenue intelligence software can help collect .......

How to bypass Windows 11 hardware requirements

Windows 11—love it or hate it—is the latest operating system from Microsoft, and it comes with some perks you can't get in Windows 10. Unfortunately, the hardware requirements for Windows 11 include a compatible 64-bit CPU or a TPM 2.0 chip (via PCWorld), which shuts out quite a few computers....

How to block 'no caller id' on iPhone

If you're waiting for an important call, it's unlikely going to come from 'no caller id', so time wasted by a nuisance call can be frustrating — we can teach you how to block 'no caller id' on iPhone without an issue....

Guide on How to Become a CEO of a Company

Becoming a Chief Executive Officer (CEO) of a company is a significant milestone for many ambitious professionals. The role of a CEO involve...

How To Triple Your Sales By Creating Marketing Sequences

In my last post, I highlighted the different ways you can boost sales with condition marketing. Today, I’m going to show you how you can take this a step further with the addition of sequence marketing...