CBN Extend Bank Verification Number Registration to October 31

The Central Bank of Nigeria (CBN) has extended the Bank Registration Verification (BVN) deadline to October 31 to accommodate customers who had thronged the banks to beat Tuesday's closing date.

This is contained in a circular issued by the apex bank and signed by Mr Dipo Fatokun, Director, Banking and Payment System Department, in Abuja on Tuesday.

"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 October 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 bank customers in the Diaspora ample time to enrol into the programme.

The statement, however, stated that the guideline for the enrolment of the Diaspora account holders was being finalised and would be released soon.