CBN extends deadline for BVN registration

The Central Bank of Nigeria (CBN) has extended the deadline for the Bank Verification Number (BVN) till October 31.

A statement from the CBN said the decision was due to 'the passionate appeals from the public for the extension of the deadline for the Bank Verification Number (BVN) for the biometric registration exercise' after the expiration of the earlier deadline yesterday.

The CBN said it 'noticed with satisfaction the level of compliance among the banking public and also acknowledged the difficulties which the people have gone through in the last few days in the quest to beat the registration timeline. More so, arrangements are being made to enroll bank customers in Diaspora in the next few days'.

To this end, the CBN said it 'considered it necessary to grant extension for the exercise to enable all bank customers to enroll in the BVN and to facilitate hitch free completion'.