Connect with us

latest

Nigerian Banks Set To Freeze Accounts Without BVN Or NIN: Deadline Begins Tomorrow

Published

on

Nigerian Banks Set To Freeze Accounts Without BVN Or NIN: Deadline Begins Tomorrow....KINDLY READ THE FULL STORY HERE▶

Article: Nigerian bank customers are facing a critical deadline as the Central Bank of Nigeria (CBN) implements a directive that could result in the freezing of accounts lacking a Bank Verification Number (BVN) or National Identity Number (NIN), starting from tomorrow, March 1, 2024.

This mandate, part of a broader initiative to bolster security and streamline banking operations, applies to all types of accounts across commercial, merchant, non-interest, payment service banks, Other Financial Institutions (OFIs), and mobile money operators.

Specifically targeting Tier-1 bank accounts and wallets, the directive requires them to be linked with either the depositor’s BVN, NIN, or both. Failure to comply by the set date will lead to a “Post No Debit or Credit” status, effectively blocking further transactions on the accounts.

In addition to linking BVN or NIN, the CBN has mandated electronic revalidation of these identification numbers by January 31, 2024, as part of the verification process.

This move aims to enhance the security of banking operations, reduce fraud incidences, and ensure compliance with global banking standards.

In response, banks have been urging customers to take immediate action to link their BVN and NIN with their accounts to avoid disruptions in banking activities. Instructions have been provided through various channels including online platforms and branches for customers to complete the process.

Messages from banks like Ecobank and GT Bank have been informing customers about the mandatory requirement and providing guidance on how to link their BVN and NIN to their accounts through online portals, mobile USSD codes, or branch visits.

As the deadline looms, bank customers are advised to promptly adhere to the directive to avoid any inconvenience in their banking transactions and ensure compliance with regulatory requirements.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

latest

Electoral Shockwave: Yobe APC Chairman Orders Wives To Dump Husbands Over Voting Rights, Vows To Pay New Bride Prices!.

Published

on

The Yobe State Chairman of the All Progressives Congress (APC), Mohammed Gadaka, publicly advised married women to seek a divorce from their husbands if their spouses prevent them from voting for the APC in upcoming general elections. Gadaka issued this directive on Thursday while welcoming hundreds of new defectors into the party. To reinforce his statement, he committed to paying the new bride price for any woman who chose to dissolve her marriage out of loyalty to the party.....KINDLY READ THE FULL STORY HERE▶

The remarks immediately generated widespread outrage throughout the state. Local residents and Islamic scholars strongly condemned the comments, characterizing them as reckless, provocative, and deeply damaging to traditional family values.

Faced with mounting criticism, Gadaka issued a retraction via a 42-second video shared on the Facebook page of Mamma Mohammed, the Director-General of Press and Media Affairs to Governor Mai Mala Buni. In the video, the APC chairman claimed his remarks had been misinterpreted and were merely intended as playful banter, drawing on traditional joking relationships between the Ngamo and Kare-Kare ethnic groups. Clarifying that his words did not reflect his true principles or aim to promote marital separation, Gadaka formally apologized and withdrew the statement.

Continue Reading

latest

Police Shocker: Force Drops Heavy Reason Why Officers Will NOT Leave Osun State After Election!.

Published

on

The Nigeria Police Force has confirmed that officers deployed for the August 15, 2026, Osun State governorship election remain in the state, while strongly denying claims that they are facing harsh conditions or a lack of basic welfare. In a statement issued on Friday, Force Public Relations Officer CSP Ani Iniedu explained that the extended presence is a standard post-election strategy designed to prevent violence, handle emerging threats, and facilitate a smooth transition back to regular policing based on operational requirements.....KINDLY READ THE FULL STORY HERE▶

Addressing allegations of abandonment, the Force rejected the notion of institutional neglect, stating that all deployed personnel have received their approved entitlements and that command structures are actively managing their welfare. Iniedu warned that framing a strategic security deployment as neglect is misleading and risks damaging both personnel morale and public trust.

Reaffirming the police’s dedication to officer welfare, the Force urged media and the public to verify information before publishing unverified claims from unnamed sources that could disrupt security operations or mislead the public.

Continue Reading

latest

Bloodshed in Oyo: Five Security Personnel And Four Civilians Slaughtered In Horrific Rescue Mission!

Published

on

The Department of State Services (DSS) has confirmed that nine individuals, including five security personnel and four civilians, were killed during a rescue operation aimed at freeing abductees held by suspected terrorists in Oyo State. In an interview detailing the incident, DSS Director-General Tosin Ajayi explained that security forces acted on intelligence to pursue the kidnappers, resulting in initial casualties of a police officer and a vigilante. Further casualties occurred during a subsequent raid on the abductors’ hideout, bringing the total death toll to nine.....KINDLY READ THE FULL STORY HERE▶

Ajayi emphasized the complexity of the operation, noting that the presence of a two-and-a-half-year-old child among the hostages required meticulous planning to ensure the captives’ safety. He also addressed misinformation circulating online during the rescue, clarifying that certain viral videos purporting to show the torture of children were unrelated deepfakes from another country.

Furthermore, the DSS Director-General linked the kidnapping network to an international terrorist organization connected to Al-Qaeda. He revealed that the group’s leaders were apprehended last year and have since been convicted and sentenced to life imprisonment, along with three collaborators. Ajayi stated that these individuals were also found complicit in the Abuja-Kaduna train attack and were plotting further large-scale abductions before their arrest.

Continue Reading

Trending